Bailout

What?s Citi doing to Pandit?

By Felix Salmon

Breakingviews today has a very odd column saying, essentially, that Vikram Pandit should keep his job despite the fact that since he took over at Citigroup, he’s made a large number of serious mistakes and has done almost nothing right.

The thing which most struck me about the column, however, was the photo which accompanies it, of Pandit sporting a double chin of Larry Summers proportions. It’s not just Pandit’s dot portrait which is changing, it seems, it’s Pandit himself. Here’s a recent shot of Pandit, on the right, next to his official Citi headshot, on the left. Maybe the real question shouldn’t be whether Pandit’s good for Citi, but rather whether Citi is good for Pandit.

Full post as published by Macroprudential on June 19, 2009 (boomark / email).