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Are Vikram Pandit’s days as Citi CEO numbered? FDIC senior officials have apparently been discussing possible successors just in case ($C)

Posted by WSF On April - 21 - 2009

According to the Financial Times, the FDIC has begun to explore who might be a successor to CItigroup CEO Vikram Pandit should the beseiged bank need more taxpayer dollars. Those who might be in the running include Ned Kelly, the current CFO, Gary Crittenden, his predecessor who now heads the division that holds the bank’s noncore assets and a new director that wasn’t named.

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Tags: Citigroup, TARP, Vikram Pandit

81, Citigroup, Politics, Revolving Door, Vikram Pandit

The Daily Show’s Jon Stewart calls Apple “Appholes” after the cops stormed a Gizmodo guy’s door

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Video: Former Goldman staffer and 2006 Hampton’s Magazine hot bachelor Josh Birnbaum testifies in the Senate inquisition of Goldman Sachs

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Video: Jim Chanos adds his insights on short sellers to those of Bill Ackman

WSF

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Video: Excellent interview with Bill Ackman; He’s on team Goldman, and comes out in their defense

WSF

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Video: A Bloomberg tour of Prince Alwaleed’s palace

Videos

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Video: SNL opener on Obama’s Wall Street visit to push for financial reform

Videos

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Wall Street braces itself for Obama’s visit; Greece ‘09 deficit wider than expected, its bond yields hit a new high; Swiss panel calling for possible split up of UBS, Credit Suisse if there’s another crisis, new rules have them holding 30 days of liquid assets; Senate edging closer to financial reform deal; U.S. contemplating 2 year plan to exit AIG shares; Quattrone and Boutros together again; Businessweek gets a revamp: Bloomberg Businessweek

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SEC case seems to be unraveling by the day as Paulson deputy said to have told ACA they were going short, and ACA’s own portfolio suggestions actually made the deal worse, not better; Goldman’s Gary Cohn said to be attending Obama’s Wall Street speech; Blankfein comes out swinging; Tourre to testify next week (unless he pulls out); Obama says Whitehouse didn’t discuss Goldman with the SEC; Obama’s keeping his Goldman campaign contributions

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Paulson reassured his investors that his CDO deal was ‘appropriate’; Rep Issa smells politics in the timing of the SEC’s Goldman charges; Blankfein going to DC next week; Goldman comes out swinging with their defense; Tourre now on leave, is deregistered in UK; Goldman’s made political donations to both parties; Goldman’s share buyback; SEC is defending ’sophisticated investors’ with this suit

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Goldman’s earnings beat; Employees rally around Lloyd Blankfein, senior management; Deal said to have been ok’d by senior execs; FSA to probe Goldman; SEC’s vote was partisan at 3-2, split leads to questions about how strong case is; More timing questions; AIG looking for an angle to recoup cash; Dodd says Goldman “shenanigans’ would be barred in reform bill; Politician returning Goldman campaign contribution; John Paulson hedges his bets by giving to Dems, Republicans

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VIDEO

RECENT

The Daily Show’s Jon Stewart calls Apple “Appholes” after the cops stormed a Gizmodo guy’s door
Video: Former Goldman staffer and 2006 Hampton’s Magazine hot bachelor Josh Birnbaum testifies in the Senate inquisition of Goldman Sachs
Video: Jim Chanos adds his insights on short sellers to those of Bill Ackman
Video: Excellent interview with Bill Ackman; He’s on team Goldman, and comes out in their defense
Video: A Bloomberg tour of Prince Alwaleed’s palace
Video: SNL opener on Obama’s Wall Street visit to push for financial reform
Wall Street braces itself for Obama’s visit; Greece ‘09 deficit wider than expected, its bond yields hit a new high; Swiss panel calling for possible split up of UBS, Credit Suisse if there’s another crisis, new rules have them holding 30 days of liquid assets; Senate edging closer to financial reform deal; U.S. contemplating 2 year plan to exit AIG shares; Quattrone and Boutros together again; Businessweek gets a revamp: Bloomberg Businessweek
SEC case seems to be unraveling by the day as Paulson deputy said to have told ACA they were going short, and ACA’s own portfolio suggestions actually made the deal worse, not better; Goldman’s Gary Cohn said to be attending Obama’s Wall Street speech; Blankfein comes out swinging; Tourre to testify next week (unless he pulls out); Obama says Whitehouse didn’t discuss Goldman with the SEC; Obama’s keeping his Goldman campaign contributions
Paulson reassured his investors that his CDO deal was ‘appropriate’; Rep Issa smells politics in the timing of the SEC’s Goldman charges; Blankfein going to DC next week; Goldman comes out swinging with their defense; Tourre now on leave, is deregistered in UK; Goldman’s made political donations to both parties; Goldman’s share buyback; SEC is defending ’sophisticated investors’ with this suit
Goldman’s earnings beat; Employees rally around Lloyd Blankfein, senior management; Deal said to have been ok’d by senior execs; FSA to probe Goldman; SEC’s vote was partisan at 3-2, split leads to questions about how strong case is; More timing questions; AIG looking for an angle to recoup cash; Dodd says Goldman “shenanigans’ would be barred in reform bill; Politician returning Goldman campaign contribution; John Paulson hedges his bets by giving to Dems, Republicans

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