Description:Â Vikram Panditâ€™s last day at Citigroup swung from celebratory to devastating in a matter of minutes. Having fielded congratulatory e-mails about the earnings report in the morning that suggested the bank was finally on more solid ground, Mr. Pandit strode into the office of the chairman at dayâ€™s end on Oct. 15 for what he considered just another of their frequent meetings on his calendar.
Date: Oct 25, 2012
Questions for Discussions:
- What does this report say about the management at Citi?
- What are your thoughts on the way Pandit was treated?
- How do you think this episode will affect the stock?