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One the eve of tax season, Liberty Tax has secured a large increase on its revolving line of credit from a consortium of big banks.
Details on the Big Bank Financing
On December 28th, the SEC released an 8-K which reported that Liberty had secured a new revolving credit line and term loan agreement. SunTrust was the lead bank among a consortium of eight big banks who as a whole have extended a
Departing Citigroup CEO Vikram Pandit will receive $6.7 million for 2012, according to a company announcement released today.
Pandit famously took a salary of $1 in 2009 and 2010.
In spite of that gracious pledge, Pandit will still have earned $67 million since he joined the company in
JP Morgan Chase says that it will offer a new prepaid debit card. Chase says that the Liquid card will be piloted in 200 branches.