• 13 Mar 2009 at 10:42 AM

In Dick Parsons’ Humble Opinion, Citi Is Pretty Much The Best Capitalized Bank On The Street, Inching Closer Every Day To Pandit’s Goal Of Becoming The Best Company In World, Bar None

By Bess Levin

Picture 882.pngCiti chairman Dick “Keep The Faith” Parsons told Reuters this morning that not only does his bank not require any more capital injections from its largest shareholder, the US government, but it smokes all you fools.

“I think actually, particularly with the latest conversion … Citi is actually one of the better capitalized banks in the world.”
Parsons was speaking on the sidelines of a Business Roundtable event where President Barack Obama addressed business executives.

Oh, and nationalization is not in the cards, probably.

The Citigroup leader also brushed aside any prospect of the U.S. government nationalizing the bank.
“I don’t think the administration is heading in that direction,” Parsons said. “But I have a lot of confidence in the future viability and strength of a privately held Citi.”

Related: Vikram Pandit: “We can make Citi the best company in the world, bar none.”

Comments (16)

  1. 1
    Posted by Bess Levin | March 13, 2009 at 10:53 AM

    @1- actually, it should read Parsons’ not Parsons, but thanks for the copy edit.

  2. 2
    Posted by trojan | March 13, 2009 at 10:55 AM

    “smokes all you fools”?
    cause he’s black? bess you racialist
    jokes, jokes. relax.

  3. 3
    Posted by guest | March 13, 2009 at 10:57 AM

    fuck you, trojan.

  4. 4
    Posted by guest | March 13, 2009 at 10:59 AM

    i never understood why someone would call themselves dick.

  5. 5
    Posted by guest | March 13, 2009 at 11:00 AM

    Shouldn’t it be Parsons’s not Parsons’?

  6. 6
    Posted by Lowly Assistant | March 13, 2009 at 11:01 AM

    6,
    Either/or, baby. Either/or.

  7. 7
    Posted by guest | March 13, 2009 at 11:02 AM

    @6- generally the rule is ‘s when it’s a singular object, but it’s a style choice when it comes to names ending in ‘s.’

  8. 8
    Posted by guest | March 13, 2009 at 11:05 AM

    Idea for a blog:
    Masters of the Universe with Douchebags

  9. 9
    Posted by guest | March 13, 2009 at 11:06 AM

    @5 Good point. I never got that either.

  10. 10
    Posted by guest | March 13, 2009 at 11:07 AM

    Wait, are you saying that John Mayer is black?

  11. 11
    Posted by guest | March 13, 2009 at 12:28 PM

    what this pic doesn’t show is what they’re holding in their hands right below the waistline…

  12. 12
    Posted by guest | March 13, 2009 at 1:30 PM

    Technically the correct method of presenting a name in this fashion is to insert the apostrophe before the “s” as in “Parson’s”.

  13. 13
    Posted by guest | March 13, 2009 at 1:44 PM

    so only brothers and indian chaps are allowed to run banks into the ground these days? poor ken

  14. 14
    Posted by guest | March 13, 2009 at 3:05 PM

    KUDOS on using his first name and “inches” in the same headline. Bess is back, bitches

  15. 15
    Posted by guest | March 13, 2009 at 5:43 PM

    @4: Are you that stupid?

  16. 16
    Posted by guest | March 13, 2009 at 6:10 PM

    Citi has become a Joke.

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