Citi CEO Vikram Pandit Sees a Difficult Recovery Ahead

As negotiators in Washington struggled to devise a plan to rescue Wall Street and avert a global financial catastrophe, Citigroup CEO Vikram Pandit noted during an interview at Wharton last week that even with government intervention, global financial markets will need years to recover.

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Education

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• knowledgeatwharton
• Citi
• Citigroup
• Vikram
• Pandit
• market
• crisis
• business
• economics
• social
• science
• financial

[skliu]

Pandit's main problem is that he is not a leader, but he is an incredibly smart strategist. You can tell from this video that he knows what he is doing. He inherit a company that was so deep in shit that most CEO's probably doesn't even want to touch. He has managed to continuously jettison toxic assets through whatever means is available. Seriously, for all those bashing him, if you have a better idea, let's hear it, else you really should shut up and learn from the guy.

[skliu]

I personally cannot believe everyone who is bashing Pandit. If it weren't for this guy, Citi would have NO chance of survival at all. He raised massive amounts of capital back when he could still do it; go ask any bank CEO and they'll tell you that what he did was pure genius at a time when you cuold still get money. He slashed costs harder and faster than any other bank. He also negotiated one hell of a deal for wachovia which wells decided to fuck up and fuck themselves by overpaying.

[thegoonist]

@replysmi i think ure the one who's indian. only an indian could identify an indian accent so well.

[MrLoveallhatenone]

engineers at wall street?

[raazs35]

@Gloriaenlatierra well he is not out till today and it posted profits

[thegoonist]

and lol at the comments. people just love to think theyre smarter than the ceo of a major bank. youre on youtube. ffs no one gives a damn about what you think. even if you think youre right and hes wrong.

[thegoonist]

lol if u just listen to his voice you could never tell he is indian

[abhi5a]

@Gloriaenlatierra

u only wish

[adesochade]

He is a great strategist , whether he is a great leader or not but he made his way through

[bobalazs]

What's "derivatives"?

[vivecan2005]

Great testimony before panel on March 4th 2010. He is the lion on the street! 6 Attorneys asking all kinds of complex questions and he did extremely well and protected Citi's interest.