January 12, 2009
The board says it continues to stand behind current management, led by CEO Vikram Pandit. But can a board stand up while sleeping? This is a question investors must ponder. If you are wondering how Citigroup could have lost tens of billions, seen the value of its stock pared by more than three-quarters, and [...]
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November 25, 2008
Our comments about Citigroup’s hapless board of directors made their way into the New York Post today in a piece by business journalist Paul Tharp. Some of the observations first made here at Finlay ON Governance were reflected in the Post’s editorial, as well. The Post’s story got quite a lift, appearing in the headline [...]
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