Vikram Pandit: Rearranging Executives in Order to Hide Behind Them?
Are the management changes at Citi about "positioning the company for the future," or saving Vikram Pandit's job?
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Are the management changes at Citi about "positioning the company for the future," or saving Vikram Pandit's job?
"Before we douse her with more champagne, put her on TV with Charlie Rose and hand over the keys to the Treasury Department, it might be worth taking another look at what really happened."
Sorry, guys! Citi blew all of its budget this year making millionaires more millionaire-y! Good luck feeding your kids, though.
Instead of taking them on a vacation, as they normally do, Citigroup this year gave the highest-performing traders in their one profitable unit gift cards worth between $1,000 and $3,000. Cue the populist outrage!
In which we feel a twinge of pity for the Citigroup CEO.
In defending his role at Citigroup, the former Treasury secretary succeeds only in making things worse.
Lots of people are saying it's more like a 'shitty bailout.'
In our daily industry roundup, the former Citigroup chairman second-guesses himself on the appointment of successor Charles Prince. And more!
Plus, lawsuits over poop, Andrew Cuomo busting lawyers, and 'USA Today' so wrong, wrong, wrong.
Plus, what's going on at 'Portfolio,' why you'll be hearing more from Perez Hilton, and where the Beatrice Inn is headed next.
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