Citigroup Takes Issue With Vikram Pandit's Test Results

Picture 1517.pngYesterday Charlie Gasparino "graded" Citi CEO Vikram Pandit. Because why not. Pandit, according to Gasparino, scored an A minus for "intelligence," and a C minus for "execution of business plan." Today Chaz received some very angry phone calls from the Big C, which wanted to know where he got off giving Vikram such low marks. Not the C minus, mind you, either because no gives a rat's ass or because, more likely, they're in agreement with the grade. The aspect of the "report" Citi has major trubs with is the intelligence section. They are apparently claiming Vikram deserves "an A plus." So that's why they took at least five minutes to get upset about this, get Gasparino on the horn, and let the words "Vikram deserves an A plus" on this imaginary test exit their mouths. Let that all sink in for a sec.

Good? Okay. Now, yesterday, you'll recall, we shot a little WTF of our own in Gasparino's direction, sort of over Doctor Pandito getting only an A minus, but mostly over the notion that the Mensa society in Englewood Cliffs is judging anyone's intelligence. And also, more generally, because we're Dealbreaker and that's what we do. See, our acknowledgment of the story is okay because we = local yokels. Then you have Citi.

Citi is trying desperately to not be the local yokels of the banking industry, and then coming in and pulling shit like this. We find it amusing, sure, but we're not Citi shareholders, who would probably like to know a) why in God's name someone responded to this in an official capacity and b) why no one cares about the C minus for the whole "running of the company" portion of the test.

In related news, someone would like me to tell you that Charlie Gasparino grew up with and went to high school (i.e. was educated alongside) Greg Valentino. This guy. The guy in the picture. That should put all of this in even more perspective, if any was necessary.

(All this being said, we wouldn't be opposed to Bank of America publicly flipping out over, what leaks tell us, is Gasparino's grade of a B plus for Ken Lewis's skills when it comes to crushing beer cans across his forehead. He is an A student, hands down. The D minus for execution of business plan seems fair.)

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