High ranking sources at Citigroup tell belated-birthday boy Charlie Gasparino that CEO Vikram Pandit is in favor of keeping the comically overweight bank large and in charge (the exact phrasing was “Jiminy Glick-esque”). This is crazy and maybe worthy of a siren because no one at Citigroup has ever expressed resistance regarding breaking up the big C. This is completely new and radical. This is such a drastic change in ideology from the last couple of Citigroup CEO’s that CNBC insiders say Charlie’s been wearing one of those foam neck braces to deal with the ensuing whiplash, though that probably has less to do with shock vis-a-vis Citi and more to do with trying to make a killing at his small claims court appearance later this afternoon, when he’ll argue that “that guy came out of nowhere and rear ended me and I’m not leaving without my fucking money.”



Citigroup CEO Is Against Breakup: Sources [CNBC]

Comments (4)

  1. Posted by hahaha | January 29, 2008 at 11:32 AM

    and more to do with trying to make a killing at his small claims court appearance later this afternoon, when he’ll argue that “that guy came out of nowhere and rear ended me and I’m not leaving without my fucking money.”

  2. Posted by Anonymous | January 29, 2008 at 11:38 AM

    rumor SOV takeout

  3. Posted by Anonymous | January 29, 2008 at 12:01 PM

    that was great!

  4. Posted by Angry Shareholder | January 29, 2008 at 2:18 PM

    Now, we know why Thain didn’t take the job. The fix was in.

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