Dick Parsons.jpgCiti Chairman Dick Parsons is on board with the whole $45 billion TARP repayment thing, but isn’t quite so brazen as to issue a timetable that the bank will never meet. But this is not to say that Citi doesn’t have a credible, well thought out plan for addressing its massive bailout.

Parson said Citi recently filed with the government a capital plan that outlines the bank’s strategy going forward for repaying TARP.
He declined to give the specifics of the strategy, but said “so much of it will depend on the cooperation of the markets.”

Citi chair says no timetable for repaying TARP [Reuters]

Comments (40)

  1. Posted by guest | June 15, 2009 at 4:04 PM

    Parsons is a tool. A token …
    - A token

  2. Posted by guest | June 15, 2009 at 4:11 PM

    a token Dr. Zaius? are we post racial enough to make that joke now? i vote for obama so that should make it ok.

  3. Posted by guest | June 15, 2009 at 4:16 PM

    ANUS!

  4. Posted by guest | June 15, 2009 at 4:16 PM

    The market has to go up for Citi to pay back TARP?
    What are things that are obvious for 45 billion Alex.

  5. Posted by guest | June 15, 2009 at 4:21 PM

    Did Dick Parsons ruin AOL, or did he ruin Time Warner? It is amazing when you are talented like him, the opportunities that come your way. He knows the web, he knows media, he knows banking. He is a token. A bad token that gets passed around from boardroom to boardroom.

  6. Posted by guest | June 15, 2009 at 4:23 PM

    How’s his illegitimate child doing?

  7. Posted by FUNdamental | June 15, 2009 at 4:24 PM

    Mr Miyagi looks like he is getting the Wax Off

  8. Posted by guest | June 15, 2009 at 4:30 PM

    @2: As a token, I think I can call out a token when I see one. As @5 pointed out, he is a BAD token that should be starved of boardroom air.
    - A token

  9. Posted by guest | June 15, 2009 at 4:30 PM

    What happens if Non Tarp acquires a TARP

  10. Posted by guest | June 15, 2009 at 4:32 PM

    What happens if Non Tarp acquires a TARP

  11. Posted by guest | June 15, 2009 at 4:33 PM

    I am a high frequency quant. What is Tarp?

  12. Posted by guest | June 15, 2009 at 4:33 PM

    What happens if Non Tarp acquires a TARP

  13. Posted by guest | June 15, 2009 at 4:34 PM

    @8 Stanley O’Neal was a better example?

  14. Posted by guest | June 15, 2009 at 4:34 PM

    5 No, no. He has a lot of government connections, on both sides of the aisle. He doesn’t do enough to ruin anyplace. Simply a good person to be in charge of a company in a regulated industry. Or so its thought. I for one am not buying it.

  15. Posted by guest | June 15, 2009 at 4:35 PM

    What happens if Non Tarp acquires a TARP

  16. Posted by guest | June 15, 2009 at 4:36 PM

    Ain’t payin’ back no TARP ’til my baby momma gets hers.
    - D. Parsons

  17. Posted by guest | June 15, 2009 at 4:36 PM

    Greg,
    I hate you.
    Sincerely,
    Everyone

  18. Posted by guest | June 15, 2009 at 4:36 PM

    What happens if Non Tarp acquires a TARP

  19. Posted by guest | June 15, 2009 at 4:40 PM

    @9,15,18
    Maxine, is that you?

  20. Posted by guest | June 15, 2009 at 4:40 PM

    I wonder what Bob Rubin is doing these days?

  21. Posted by guest | June 15, 2009 at 4:43 PM

    I hate this guy so much I don’t have the words for it.

  22. Posted by guest | June 15, 2009 at 4:46 PM

    @21- why?

  23. Posted by guest | June 15, 2009 at 4:48 PM

    Dr Zaius ~ Dr. Zaius ~
    Rock me, Dr. Zaius!

  24. Posted by guest | June 15, 2009 at 4:51 PM

    Greg, do you get punched in the face a lot?

  25. Posted by guest | June 15, 2009 at 4:52 PM

    What happens if Non Tarp acquires a TARP

  26. Posted by guest | June 15, 2009 at 4:54 PM

    What happens if Non Tarp acquires a TARP

  27. Posted by guest | June 15, 2009 at 4:56 PM

    exactly how many companies do you get to fuck up before they give you the Rolex and tax shelter pension?
    what a dick!

  28. Posted by guest | June 15, 2009 at 5:03 PM

    what a bearded…

  29. Posted by Anal_yst | June 15, 2009 at 5:36 PM

    @4 FTW!

  30. Posted by guest | June 15, 2009 at 5:39 PM

    Jimmy Cayne’s a token too. And Dick Fuld.

  31. Posted by guest | June 15, 2009 at 6:08 PM

    Tar baby:
    “Tar-Baby was a doll made of tar and turpentine, used to entrap Br’er Rabbit in the second of the Uncle Remus stories. The more that Br’er Rabbit fought the Tar-Baby, the more entangled he became. In contemporary usage, ‘tar baby’ refers to any ‘sticky situation’ that is only aggravated by additional contact. The only way to solve such a situation is by separation.”
    http://en.wikipedia.org/wiki/Tar_baby

  32. Posted by guest | June 15, 2009 at 6:16 PM

    @17 & 24,
    Pick a name and own your whining or STFU.

  33. Posted by guest | June 15, 2009 at 8:18 PM

    Yeah Parsons, because he did such a great job at AOL. Any update on how that whole love child thing is going? Obviously scruples is not a requirement for employment at Citi, in fact is probably a negative!

  34. Posted by guest | June 15, 2009 at 8:36 PM

    @32 what’s your name?

  35. Posted by guest | June 15, 2009 at 10:54 PM

    Nardelli is a token.

  36. Posted by guest | June 15, 2009 at 11:04 PM

    TARP + ANTITARP = total annihilation. And photons. But not futons. Because that would be silly.

  37. Posted by guest | June 15, 2009 at 11:36 PM

    @34 my name is meet_me_at_sparks_at_12_with_your_fairy_friends

  38. Posted by Lowly Assistant | June 16, 2009 at 12:36 AM

    Oh, snap. Where all families end.

  39. Posted by guest | June 16, 2009 at 6:37 AM
  40. Posted by guest | June 16, 2009 at 11:22 AM

    too angry, couldn’t coach…

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