"Nothing is happening just yet. One more screw up and he is definitely gone. Based on what I'm hearing, it's fluid. Does this mean Pandit's out? Probably not, but maybe so. He's got like half a mistake left. Unless the board gives him more leeway. I don't know; I'm not in the board meetings." -- Charlie Gasparino, CNBC, 11/25/08

Chaz is right, you know. The only question is, what will the the career (at Citi) ending fuck up be? The sources I'm talking to have mentioned four possible scenarios. The situation is fluid but what they're telling me thus far is that it'll be one of the following:
A. Vikram gets wasted and confesses to Meredith Whitney that C's balance sheet is "completely made up." Follows up with a drunk email (from his work account, natch), that Gary Crittenden "selects random bar code numbers in place of the true horror story that will soon engulf this cesspool and consign it to the scrap heap of corporate history."
B. Not knowing it's verboten, VP is caught using Bob Rubin's private bathroom.
C. Not knowing it's frowned upon, VP engages in sexual intercourse with the cleaning woman on his desk. Pleads ignorance, but it's too late.
D. Truly accidentally but unacceptably nonetheless, Mr. Pandit accidentally grazes Prince Alwalweed's favorite wife's left breast.