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."
Comments
Posted by , Jan 29, 2008 11:38AM
rumor SOV takeout
Posted by , Jan 29, 2008 12:01PM
that was great!
Posted by Angry Shareholder, Jan 29, 2008 2:18PM
Now, we know why Thain didn't take the job. The fix was in.



Posted by hahaha, Jan 29, 2008 11:32AM
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."