Citigroup’s Chief Shrinks Company, Eyeing Growth (NYT)
THIS IS A REAL QUOTE: “Vikram is looking and sounding a lot more confident and secure,” said one top lieutenant. “He has a smile on his face. He sees the day when he is going to earn more than a $1 a year.”
SEC faces setbacks, skepticism in trying to reform its enforcement image (WaPo)
They're so much more than tranny porn fetishists. Why doesn't anyone get that?
Financial Crisis Inquiry Wrestles With Setbacks (NYT)
In recent months, a top investigator resigned, frustrated by delays in assembling a staff. Behind closed doors the panel’s chairman and vice chairman have had heated disagreements over whether to make public preliminary findings or revelatory documents. Entities like Citigroup and the Treasury have complained that the panel’s requests for information have been vague and voluminous.
Morgan Stanley's Phillips 'board' with his post (NYP)
Charles E. Phillips is leaving the firm's board of directors, a few months after his long-time gal pal, YaVaughnie Wilkins, splashed his face on giant ads across the country. YaVaughnie was unaware that she was Phillips' mistress, because he told her that he had finalized his divorce with Karen in 2003. One of the giant billboards, posted at the corner of West 52nd Street and Broadway, near Times Square, declared "Charles & YaVaughnie." It encouraged onlookers to go to the Web site charlesphillipandyavaughniewilkins.com.
Citigroup Execs Face Grilling over Risky Mortgages (AP)
Mark your calendars-- Chuck Prince, Bob Rubin, and Alan Greenspan are taking the stand on Thursday.
New York Will Approach Daily High Temperature Record Tomorrow (Bloomberg)
Just an FYI and a suggestion to consider 'suddenly coming down with something.'
Photographer Annie Leibovitz Sued In NY For Unpaid Fees (Reuters)
Leibovitz owes Brunswick Capital a 2 percent "success fee" on the more than $40 million loan by Colony secured in early March, according to the suit, as well as more than $315,000 in fees for the firm's services.
Now To Explain The Party Favors (NYT)
Andrew Ross Sorkin wants some answers.