Well into the crisis period, when banks such as Citigroup were operating on federal investment and when Citi's stock was in single digits, Vikram Pandit, the CEO, was observed with a lunch guest at Le Bernardin, one of the top-rated restaurants in New York. Pandit looked discerningly at the wine list, saw nothing by the glass that appealed, and ordered a $350 bottle so that, as he explained, he could savor "a glass of wine worth drinking." Pandit drank just one glass; his friend had none.
Please tell me he made a big show of swishing it around in his mouth, inhaling it with his eyes closed, sending back the first bottle and backhanding the idiot waiter. Please tell me all that.
Book Excerpt: Roger Lowenstein's "The End of Wall Street" [BusinessWeek]