Vikram Pandit held one of his famously inspiring town hall meetings earlier and apparently repeated at several points that the split is "strictly managerial" and will not, he repeated, will not "create separate entities."
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Posted by guest , Jan 16, 2009 2:04PM
was it a good meeting, bad meeting format?
Posted by guest , Jan 16, 2009 2:07PM
Too Panditische, did not read.
Posted by Seaman Bodine , Jan 16, 2009 2:07PM
and then, he came to my lawn, and he kicked my dog
Posted by guest , Jan 16, 2009 2:11PM
Please ban @4.
Posted by guest , Jan 16, 2009 2:12PM
@4 I wont check out the site on principal
Posted by Anal_yst , Jan 16, 2009 2:13PM
Agreed with 5/6; if you can't maintain basic interwebs "ettiquite" (and the bar is set pretty low, esp on DB) then your site, no matter how inspiring, is not worthy.
Posted by guest , Jan 16, 2009 2:14PM
The 4 stages of Hindu life:
brahmacharga - school years - grow and learn
grhastha - marriage, family and career
vanaprastha - turn attention to spiritual things
>
sanrgasu - abandon world to seek spiritual things
Posted by guest , Jan 16, 2009 2:17PM
I hope when they are splitting the managers they use an Axe.
Posted by guest , Jan 16, 2009 2:19PM
Yes, Bess, managerial for now.... Think of the new Citi Holdings as the available for sale articles at the Saks store window, except imagine Saks is engulfed in flames.
And, would you go out with me? Pretty please?
Posted by StillNoCouch , Jan 16, 2009 2:20PM
I can't really wrap my head around just what this 'paper-split' is supposed to accomplish.
Flushing half of two turds seems roughly equivalent to flushing one full one.
Posted by guest , Jan 16, 2009 2:21PM
5th and final stage:
chamuck chamuck oolou - get your bling on.
SPODE
Posted by guest , Jan 16, 2009 2:22PM
@
i'll go out with you, desperate and needy turns me on!
Posted by guest , Jan 16, 2009 2:22PM
@9
i'll go out with you, desperate and needy turns me on!
Posted by guest , Jan 16, 2009 2:23PM
Guess we were all right. It was a shitty bank.
Posted by Anal_yst , Jan 16, 2009 2:27PM
Pretty sure the title of this post says it all
Posted by Equity Private , Jan 16, 2009 2:32PM
You just have to understand it in its quantum sense. It's just like the two-slit experiment. The assets pass through both sides of the bank until you try to value them, then they end up on one side or the other depending on the amplitudes. Simple.
Posted by guest , Jan 16, 2009 2:37PM
Things are tough for con men and business people. Most people are on to them.
Posted by onetwo , Jan 16, 2009 2:44PM
EP - I prefer to think of our favorite cat. There's a toxin locked away in each security, but it's not until you open them that you know if they're actually worth anything.
Moral of the story: don't open the box.
Posted by guest , Jan 16, 2009 4:27PM
I dramatically underestimated the intelligence of readers here – also impressed that Citi inspired Schrodinger and constructive interference metaphors. Well done.
Posted by guest , Jan 16, 2009 4:39PM
Sounds like EP watched the excellent PBS episode of 'Nova: Parallel Worlds, Parallel Lives' about Hugh Everett and his son Mark Oliver Everett (better known as E, the leader of Eels).
Posted by Equity Private , Jan 16, 2009 5:06PM
The truth is more embarrassing. I was dedicated to studying theoretical physics at the graduate level but I just couldn't take the personalities anymore so I bailed on the program.
Posted by Equity Private , Jan 16, 2009 5:08PM
Oh, just by the by, speaking of Everett, I'm a certainly an MWI advocate.
Posted by guest , Jan 16, 2009 6:05PM
@21 Woah. You couldn't handle the undergrad physicist personalities, so you switched to finance??
Posted by Equity Private , Jan 16, 2009 6:16PM
"@21 Woah. You couldn't handle the undergrad physicist personalities, so you switched to finance??"
It was the grad students, actually, that sent me screaming into the darkness. But, that's another story.