Tim Geithner's Foot To Be Removed From Vikram Pandit's Ass Sometime In The Very Near Future?
Maria Bartiromo says yes! Vickles has apparently postponed his trip to Disney World, so you know this is legit.
Citigroup plans to pay back some of the $45 billion in TARP money it received last year by raising capital through a stock offering of as much as $20 billion, CNBC has learned. CEO Vikram Pandit has changed his travel plans to be able to announce an equity offering, which is similar to that of Bank of America, according to sources close to the situation. Earlier today, Citi chairman Dick Parsons told CNBC the discussions with regulators have been active.