Carpe Max

Citi's Warning Was Expected; BAC To Follow?

While Mr. Prince needs to take responsibility for this loss, the rest of the Board at Citigroup should remain. They are some of the most experienced managers in the business world. NewsVisual did an interesting article on the Board of Directors at Citigroup and even created an interactive map that allows you to see their connections across the business world www.newsvisual.com/new... . It actually provides a wealth of information right at your fingertips. This map shows that the remaining Board members have management experience in a wide variety of industries. Given this, it seems likely that Citigroup will bounce back from this loss probably pretty quickly.