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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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