Financial Markets

Random musings on global financial markets, technology, physics and geopolitics

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Robert Rubin and his non-job at Citigroup

April 29th, 2008 · No Comments · Markets

A puff peice in the International Herald Tribune on Robert Rubin and his failure at Citigroup. At Citigroup’s annual meeting last week, Joe Condon, a retired Citibank regional manager in New York, posed a similar question. “What kind of advice did he give to Prince?” asked Condon, who spent 38 years at the bank. “Citigroup bankers […]

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John Reed’s perspective on Citigroup

April 7th, 2008 · No Comments · Markets

 John Reed finally publicly comments on the difficulties Citigroup faces today. Walter Wriston and John Reed  built the global diversified financial services company over four decades(1960-2000);  Sandy Weil and Chuck Price pillaged and nearly destroyed it in 5 years. In a rare interview, Mr Reed said it was unclear whether the company’s model or its management deserved the […]

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