In this case, Vikram Pandit’s job security. You know it’s coming (putting the under/over at a CNBC “Call Of The Wild” segment on the matter at 1 day, and taking the under) so we might as well kick things off here. For the record, we don’t appreciate what appears to be a lack of support for our favorite elfin CEO from the Journal, which can kiss its free pass to the Give Vickle a Tickle Booth good-bye:
Among the question marks looming over the current discussions is the future of Citigroup Chief Executive Vikram Pandit and the company’s board.
Pandit’s Future
In November, as part of the sweeping rescue, federal officials privately discussed the possibility of replacing Mr. Pandit, who became CEO in December 2007. But the government decided not to remove him, in large part due to a dearth of qualified replacements. Still, top government officials warned Mr. Pandit that a third trip to the taxpayer trough would probably cost him his job.
However, since the latest talks don’t involve the possibility of Citigroup receiving additional government capital, it isn’t clear whether Mr. Pandit’s job is on the line. A Citigroup spokeswoman declined to comment.
So, it kills us to even ask but:
lewis is a drunkard
nakayama was a drunkard and booted
lewis will be booted before Pandit ji
I don’t understand why, when a bank is essentially insolvent, and needs billion in taxpayer money the CEO and CFO aren’t given the ax by the Board. That, of course, should be the Board’s last act as they should resign right after whacking the losers!
Since we’re speculating:
http://www.cnn.com/2009/CRIME/02/23/pennsylvania.corrupt.judges/index.html
Goes to show that the US is no better than your average 3rd world country. Nigeria comes to mind … I bet they don’t have a Sub-prime Crisis.
Gasparino just reported that Thain is being difficult and won’t answer certain questions. So Cuomo filed suit to get him to answer the questions. Think he will?
SPECULATORS…mount up
@3
If a cunt like you was beheaded for making idiotic and indefensible comments then we would be no better than a third world country.
Here’s to the chopping…
Was Citi the reason of Asia’s stock markets rally last night?
Man, I miss Erin Burnett and glad to see her reporting live from Hongkong this morning.She still so gorgeous! That’s the best you can get when you wake up in the morning with the report the gov’t. may nationalize Citi which means market may plunge again.
What exactly *does* this guy’s “job” consist of, anyway?
The question should be: Who replaces Vikula?
Yes, remove the guy who inherited problems which he could do little to fix after-the-fact. That’ll sure fix things!
Who, being of sound mind, would take any of these jobs?
Maybe he can sell Old Lane, his loser hedge fund, to the bank (aka taxpayers) a third time…..
Boy, Goldman Alum really do have a knack for running entire companies/industries/countries/planets into the ground.
pack up his stapler…is that a reference to office space?…gee, i sure hope so!
The Give Vickle a Tickle Booth? Best laugh I’ve had all day.
@9 Who says you need to replace that slug with anyone. Put a stuffed chimp in his seat and you’ll get no less good ideas than from him.
This guys fame is really confusing.
Nigeria does not have a subprime-crisis, infact they have too much money locked away in vaults that need your assistance to cash-out.
Allow me to introduce myself. My name is Aissatou Dihallo and I am a Nigerian banking official.
Does anyone remember that it took Citi, um, like, forever, to fill the CEO post after Prince? And that was when Citi was just a “troubled” company, not an “insolvent” one. Sure get rid of him and replace him with the guy who is running AIG. . . They’re doing fine job over there, aren’t they.
The government can have its way with C at this point anyway, so there is no benefit to taxpayers by putting some gov’t drone in there. let’s ride this baby to the bottom!!
Good news, since China has about 120 baby boys for every baby girl and the us has more baby girls than baby boys guess the chinese will be looking for us mail order brides!!!
@5 Nice.
“British jobs to be supported by American taxpayer with U.S. government set to buy 40% of Citigroup
By Mail Foreign Service
Last updated at 2:02 PM on 23rd February 2009″ http://tinyurl.com/avjbj2
Faber reporting that AIG will have a massive 60 billion dollar loss so they are in talks with the US govt. Huge headache for the federal reserve and treasury as they have already given them 150 billion.
“13
Starve the Beast!
Pay off your mortgages, Starve the Beast.
Pay off your car loans, Starve the Beast.
Pay off your equity loans, Starve the Beast.
Pay off those credit cards, cut them up, Starve the Beast.
Don’t use your ATM cards, Starve the Beast.
Pay cash for everything, Starve the Beast.
Buy only what you need to live, Starve the Beast.
Trade or barter for what you need, Starve the Beast.
Don’t work for a Union, Starve the Beast!
The Beast won’t hurt until you do, man up!
Starve the Beast!
Posted by: shoey at February 23, 2009 02:39 PM (IRh55) ”
Been peeking all over the web, this is not the only poster with this sentiment.