Relevant:
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- Will the PPIP Bankrupt the FDIC?
- FDIC wants a Citigroup shake-up; Vikram Pandit closer to getting the boot?
- Citigroup Subsidiaries On FDIC List Of "Failures And Assistance"
- Fed chief: Wells Fargo needs ‘significant' reforms before cap is lifted (as new WB lawsuit and more lapse areas pile on)
2009-10-09 — nakedcapitalism.com
" Readers may have taken note of the fact that Citigroup was ordered by the FDIC to conduct a review of management. The floundering bank hired Egon Zehnder. The New York Times indicated that the resulting report was awfully favorable, given that the bank is one of the biggest messes in the international financial arena. If management is not to blame, then who is?"
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