The Citi Never Sleeps - Only its Board, Risk Managers and Regulators
January 12, 2009 at 13:20 PM EST
The Citigroup of the past decade is THE shining example of an array of costly failures: accounting policies; business strategies; management compensation schemes; risk management practices; and Government policies. And now we see that Citigroup is doing badly; more badly, in fact, than many thought likely. Rubin is out. Smith Barney is being jettisoned for [...]