More on the Pandit resignation: "Mr. Pandit has told colleagues that he intends to stay for...

|By:, SA News Editor

More on the Pandit resignation: "Mr. Pandit has told colleagues that he intends to stay for several years," reads a WSJ story from two months ago on Citigroup's (C) succession planning. The company managed to put out yesterday's earnings release and conference call (led by Pandit) without hint of what it knew was in the works. Why again is this a company worth owning? Shares -2.8% premarket.