Exclusive: Citigroup Conference Call

Live! Citigroup CEO Vikram Pandit Lays Out Framework for Wachovia Deal – Only Buying Banking Business

Duration : 0:5:44



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9 Responses to “Exclusive: Citigroup Conference Call”

  1. luchpockets Says:

    should the SEC (LOL …
    should the SEC (LOL) invesigate the insider trading that has gone on here !

    Do you think any of the exec’s here were bailing their stocks before the news hit ? !
    Lets not be naive !

    So who’s watching ?
    what are we paying congress for ?

  2. StudioMixxx Says:

    It isn’t just …
    It isn’t just Citibank – Charter one bank is just as guilty as Citibank. They are all criminals in suits
    read my amazing story on how charter one bank handled my banking account… I cant post links here so search (rip-off report ) — report number 364438

  3. yukyauk Says:

    Today, Citi ends …
    Today, Citi ends the battle w/ WF & proceed w/ law suit. Citi doesn’t need Wachovia. They just believe it’ll be a streghthen to Cit if merge.

    On the other hand, WF offered Wachovia for $15.1 Billion 4 all bankin & as well lendin portion to do tax deduction after Congress passed out bill. Even after executive agreement that Citi & Wachovia signed, Wa tried to dump Citi & merge w/ WF. How did they even become head officers of such large finanacial instit, if u can’t even keep the agreement?

  4. yukyauk Says:

    Wachovia CEO called …
    Wachovia CEO called Citi CEO, Vikram at 3 o’clock in the morning on last sunday asking for help before Fed took over. After making decision, Citi offered Wachovia for $2.16 billiion & Wachovia agreed on the offer. Ever since, Citi has been supportin Wachovia for liquidity. After gettin the support frm Citi for couple of days, Wachovia took WF offer with 15.1 billion.

  5. imagrandpa Says:

    most likely Citi …
    most likely Citi needs WB more than
    WFC — this is why the fight.

    Sure… Citi is probably next to be bailed,
    which is exactly what Citi’s CEO was
    getting from WB — a bailout from
    CB’s shareholders !

    Very Clever — very sneaky — just a little bit too Greedy. I heard that if he
    had given the WB execs. the right size parachutes and severence package that it
    WOULD have been a done deal.

    Just a little bit too GREEDY

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