There is a crisis situation going on at Citi right now and we’re not talking about the losses, writedowns, bailouts, lawsuits, distressed sales, or Andrew Hall. We’re talking about a real problem. One that is going to take the collective efforts of everybody in Vik’s army to solve. They may have to work late nights and weekends, but if they all roll up their sleeves, they can right this horrific wrong.
Sandy Weill has been booted off Forbes’s list of the 400 richest Americans. The creator of the banking supermarket model who then watched in amazement as the phrase ‘cleanup in aisle 5′ became the bank’s mantra did not make the $950 million cutoff this year. Remember when C used to trade at $50? Sandy sure does. And the fact that it’s down at $4 and change now has forced him back to the ranks of mere millionaires. He’s not asking for $50 again but $4.50 is not going to do it. So get busy Pandites and meet the guy half way. It’s the least you can do. Who knows where you’d be without him.
Sanford Weill drops off Forbes list [The Daily Deal]
Did someone say shiti group? Or was that an Indian accent I heard?
No one apparently, not even Bess, can right the horrific wrong of Greg Michaels. He is like herpes. He just keeps coming back.
my heart bleeds for him.
He can’t even afford a beer at Nickles & Dimon’s
- J Dimon
Pretty good. Pretty damn good Greg!
-Mad Maynard (Vinnie Jones)
I think this Greg story should be put up for an award. I like it.
Greg haters: burn
@2 fuck off. this was a good post.
Why the hell would the Citiputians work their tails off for the man that put their retirements in the can?!
I also think this was one of his better ones. His two main problems are that (1) he’s not Bess, and (2) he just ain’t plugged in.
Interesting to note that the comments on BL’s articles relate to the articles, while the comments on GM’s articles are largely about him/his mom.
“The creator of the banking supermarket model who then watched in amazement as the phrase ‘cleanup in aisle 5’ became the bank’s mantra did not make the $950 million cutoff this year”
Excellent writing, Greg.
(After mentally placing punctuation wherever needed)
Greggums has been pleasingly coherent and sharp today; let’s hope this trend continues.
@ Tax Chick
If Sandy (and his underlings) knew how to do a proper merger integration and/or develop modular, flexible technology solutions several Citiputians over several decades would never have been needed in the first place. Sandy’s legacy of placing band-aides over gaping wounds still continues to this day, I’m told.
place is bizarro effed up in so many ways
@Anal
I totally agree. My comment had more to do with Greg’s directive to the Citiputians to help ole papa Weill out. I personally know that most Citiputians would rip Weill several new openings if given the chance. While this “article” was one of Greg’s better ones, it failed by virtue of him not knowing how Citiputians feel about papa Weil.