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Vikram Pandit will fail. He is a great salesman, but an inept money manager and a total failure as a bank manager. If he wants to stay on as the CEO, he should return Citi the $$ he got for Old Lane. Have you met the goons that he hired? You will not belive the kind of idiots that run OL and in the process can't make a buck. To borrow from Gordon Gekko -- they do not know preferred stock from livestock! Vikram should get out of Citi before its to late -- he should be smart enough to know that his rightful place is on the trading floor in a sales role -- he does not belong in the chairman's office.
Interesting that none of the comments addressed what is really the core of the matter -- that Israel is a thieving piece of shit and should be fucked in the shower every day once he is caught.
Carried interest should be taxed. Listening to you cocksuckers whine while paying little or no tax makes me wanna puke. The worst part is most of you mother-fukers produce really shitty returns and always find someone else to blame for it. If you are to stupid to make it in this business (this includes paying proper taxes) then go fuck yourselves and take jobs as janitors at the prep schools where you went.