May 9, 2008 8:40AM
Citigroup’s Pandit Says Shoring Up Capital Good For Future
By Donna Fuscaldo
Citigroup meeting kicks off with CEO Pandit taking to the stage to introduce the management team. Pandit calls Citigroup’s restructuring one of the “greatest business transformations,” and that he’s confident his team will get it done. Pandit is using his opening comments so far to talk about what he’s done: assets sales, shoring up capital etc. Pandit said Citigroup has established a “strong capital base for today and in the future.”
