Citigroup - Somebody Please Say “Game Over”
January 13, 2009 at 23:42 PM EST
From the Wall Street Journal Online: Until recently, Citigroup Chief Executive Vikram Pandit had repeatedly backed the company’s “universal bank” model. But with directors and executives now bracing for a fourth-quarter operating loss of at least $10 billion and federal officials worried about previous turnaround efforts, Citigroup has decided that more dramatic action is needed, according [...]