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2009-06-05 — wallstreetfolly.com
" Is Vikram Pandit closer to getting the boot? According to the WSJ, the FDIC is pushing for yet another Citigroup top management shake-up, “imperiling†CEO Vikram Pandit according to their report. There’s apparently no love lost between Pandit and Sheila Bair, dating back to last fall when Bair endorsed the Wells Fargo higher bid for Wachovia after Citigroup had agreed to take over the firm in a government arranged hookup."
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