You know, you get rid of Chuck Prince and the humility at Citigroup just comes a flooding through. The bank which, as you know, has lost hundreds of billions of dollars, has gotten rid of one of its corporate jets (the Falcon 2000) in an effort to inch its way toward profitability. Everyone, please, a moment to acknowledge this gargantuan sacrifice.
Earlier: You Will Never Please Meredith Whitney
Cutting back at Citigroup… [footnoted]

Comments (5)

  1. Posted by guest | February 25, 2008 at 3:36 PM

    Bradshaw is such a lucky b@stard.

  2. Posted by guest | February 25, 2008 at 4:22 PM

    While this is interesting, I think you’ve ignored even bigger news in the same story:
    One hopes that when Angelo Mozillo of Countrywide and former Citi CEO Chuck Prince APPEAR BEFORE CONGRESS ON THURSDAY [along with Stan O'Neal], the lack of vision-thing is one of the questions asked.

  3. Posted by guest | February 25, 2008 at 4:58 PM
  4. Posted by Yo | February 25, 2008 at 5:11 PM

    Todd Thomson and Maria BJ will be so diappointed. That plane holds a lot of special memories, ya know!

  5. Posted by Anal_yst | February 25, 2008 at 5:29 PM

    Eh, falcon, bfd
    If they got rid of a bbj or g550 then maybe, MAYBE we’d play a (n infinitely small) violin for them. maybe.

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