Whitney Says Pandit Faces `Impossible Feat' at Citigroup: Video
May 12 (Bloomberg) -- Meredith Whitney, an analyst at Oppenheimer & Co., talks with Bloomberg's Margaret Popper and Carol Massar in New York about Citigroup Inc.'s business strategy, capital position and earnings outlook, and the performance of Chief Executive Officer Vikram Pandit. David Darst, chief investment strategist at Morgan Stanley Global Wealth Management, also speaks. (Source: Bloomberg)
00:00 Citigroup's integration, revenue goals 01:46 Forecast for 2008 loss; restructuring costs 03:02 Possibility of more writedowns, reserves 03:53 Possible Citigroup sale of "major" businesses 04:43 Banks' credit loss assumptions "way too low" 06:04 Citigroup's investor presentation on May 9 07:27 Pandit faces "impossible feat" at Citigroup. 08:04 Pandit's leadership; business integration 12:40 Citigroup earnings outlook, capital position 14:23 Citigroup's dividend, "overvalued" stock
Running time 17:51
Last Updated: May 12, 2008 08:29 EDT
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