J. Crew, Neiman Marcus and some other retailers facing bankruptcy after the pandemic have a common problem: large debt loads from leveraged buyouts. I.M.F. Takes Firmer Stand Favoring Relief for Greek ...
Scuttlebutt has it that Citigroup CEO Vikram Pandit is on his way out. Why? Well, there was the $8.3 billion loss they announced this morning, and his sudden about-face-making decision to “realign” ...
Just one day after Citigroup wowed Wall Street with solid quarterly earnings, CEO Vikram Pandit said Tuesday he is stepping down, ending his tumultuous five-year reign atop what’s been deemed the ...
Last night, for the first time in what seems like forever, Vikram Pandit had some good news. “I am most encouraged with the strength of our business so far in 2009,” the Citigroup CEO typed in a memo ...
Citi chairman Richard Parsons said of Pandit, “He has worked tirelessly to put Citi back on the right track, spearheading a restructuring that has returned the company to profitability. Vikram’s ...
FILE PHOTO: Vikram Pandit, chief executive officer of Citigroup Inc., speaks at the U.S. Export-Import Bank annual meeting in Washington, D.C., U.S., on Friday, April ...
The Pandit-Blankfein Dialogues: Wait, Did I Call You or Did You Call Me?A financial-crisis comedy of errors. By Jessica Pressler white men who can still use private jets whenever they feel like it ...