Like he said yesterday and this morning and moment earlier, Charlie Gasparino believes Citi CEO Vikram Pandit is likely to be shown the door. According to Chaz, "the market is betting Vikram Pandit's days are over," but there are a couple other reasons we shouldn't be too quick to dismiss the news.
1. Litmus Tests. Though officials at the Big C have categorically denied the story, there's an observable pattern here. CG told Mel Francis, "I got screamed at by Jimmy Cayne's flack and Joe Gregory's and then guess what happened a few weeks later?" So, though it's not yet a science, Chaz gettin' yelled at = someone's gettin' fired.
2. Past Performance and Crystal Balls. Do not discount track record. As Gasparino reminded us, "I've predicted a lot of these executive changes at the top."
Posted by guest , Jan 14, 2009 12:02PM
GGas has no balls
Posted by guest , Jan 14, 2009 12:04PM
CG has no shirt sleeves either
Posted by NAS Keflavik boi , Jan 14, 2009 12:05PM
NostraDUMBASS is more like it.
Posted by guest , Jan 14, 2009 12:08PM
Fuck you idiotic bunch
If you think clearly. Vik is the smartest CEO in USA rightnow. He understands the business C is in. He knows what to retain and what to sell off.
He is going nowhere... its not as if we have a great CEO waiting to take over.
If you boot him, you could only have an idiot like Dick Fuld in his place whchi will ensuire C dies in 4 months max
Posted by guest , Jan 14, 2009 12:10PM
@4 - Get off his nuts
Posted by guest , Jan 14, 2009 12:14PM
ceeg looks tired today, no? bender last night?
Posted by guest , Jan 14, 2009 12:14PM
Vik is probably going to stay. Though he is in over his head and hasn't done jack in a year, this isn't really his mess.
He can sacrifice Sir Pooh and Rubin and maybe a few other directors to buy himself a few more days in the executive suite.
He'll break up the company and take one of the healthier pieces for himself.
Posted by guest , Jan 14, 2009 12:15PM
Citi CDS has blown out today: 375.5 on the 5y from 263 yesterday
Posted by guest , Jan 14, 2009 12:16PM
you know that if vik leaves any time between today and ten yrs from now cg will say he broke the story.
Posted by guest , Jan 14, 2009 12:19PM
WIDECLOPS whips Gasbag in her basement.
Posted by guest , Jan 14, 2009 12:40PM
Charles: give us something better than these "scoops", will 'ya? You are better than this - my fourth-grade Nephew could've told me about Vikram biting the dust. Go out and get Gazzy wit it!
Posted by guest , Jan 14, 2009 12:48PM
Yeah, Gasbag - put down the crystal meth and get us some real stories!
Posted by guest , Jan 14, 2009 1:31PM
Gasparino has never been wrong.
Posted by guest , Jan 14, 2009 1:32PM
when all is said and done, citi is going to be the size of a community bank in bumfuck, mississippi so it irrelevant whether Vik stays or goes. Holy fucking Fire Sale, Vikram.
Talk about selling your worthless hedge fund at the right price, this clown made out like a madoff.
Posted by guest , Jan 14, 2009 2:24PM
hey no 12:
pls post your name --your real name, not the ones that describe your state of being: scumbag and pussy
Posted by guest , Jan 14, 2009 2:25PM
hey no 12:
pls post your name --your real name, not the ones that describe your state of being: scumbag and pussy
Posted by guest , Jan 14, 2009 2:25PM
hey no 12:
pls post your name --your real name, not the ones that describe your state of being: scumbag and pussy
Posted by guest , Jan 14, 2009 2:43PM
Hey #'s 15-17 - shadda you moth you gasbaga!
Posted by guest , Jan 14, 2009 3:05PM
Gasparino: Maloccia!!! 3 posts in a row. If you keep talking like that The Evil Eye is going to be cast upon you and no exclusives will ever find their way to you again. Legornas!!!
Posted by guest , Jan 14, 2009 3:07PM
@ 15 - 17
it's Dago wop goomba GASBAGOOL!
Posted by guest , Jan 14, 2009 3:23PM
TO: Charles G.
From: The Network
Do we have to check your homework AGAIN tonight, young man?
Posted by guest , Jan 14, 2009 3:34PM
@4. Good CEO???!!! Please! I've been in a couple dozen meetings with this "guru" and believe me. The only smart thing he did was hire Havens (Vik's Brain). On his own he's lucky to tie his shoes.....
He'll be shot trying to escape soon enough. Chaz has it right!
Posted by guest , Jan 14, 2009 5:32PM
@22 -- Havens? Come on, you're smarter than that.
@ 4 / Mrs Slumdog: you don't even believe that yourself. Worst leadership skills ever displayed is closer to the truth. Not even the analysts and associates think the guy has a vision or lead. Hollow cliche after cliche, in the running for weakest leadership and people skills in a long and poor history of bad Wall St leaders. And he has so little self-awareness, he'd find this assessment shocking.