ResourceWise

Cramer's Mad Money - Return to the Forbidden Citi (12/19/08)

Miriam, you wrote: “Pandit was the architect of Citi’s turnaround in 1991”?! I wasn’t aware of this historical ‘fact’. Even though I have followed Citi’s fortunes since 1988, the first I heard of Pandit was when he sold Old Lane Partners to Citi for $800 million in 2006 and then liquidated the fund in 2008.