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  • Citigroup's Doomed IT Strategy [View article]
    Digs - please don't confuse productivity with cost savings. Everything is 10 times harder to accomplish and takes 10 times longer now that more systems and services are integrated and rationalized. You are spot on, however, in your assessment of Citi's auditors.
    May 22 02:32 PM | 4 Likes Like |Link to Comment
  • What the Heck is Citi Doing? [View article]
    My point in this post is not to compare sub-prime loans to micro-loans (I realize they are dissimilar) but to point out that, even though Citi has become a whipping boy on Wall Street, they are still doing unusual financing. I do mention that Citi has been a big supporter of micro-finance but that they perhaps should expand existing initiatives rather than create more weird CDOs.
    Dec 20 05:51 PM | Likes Like |Link to Comment
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