Sandy Weill, Back on the Offensive

In a defiant address to bankers, Citigroup's CEO zings his critics and calls for a new era of world peace and understanding

For more than a year, Sanford Weill, CEO of Citigroup (C ), has maintained a low profile for a man used to being the center of attention. Between the investigations by Congress and the New York Attorney General's office into Citigroup's dealings with Enron, and conflicts of interest at investment bank Salomon Smith Barney (a Citicorp division), Weill's public appearances were basically limited to statements delivered through a spokesperson. Sure, he attended the bank's annual meeting in 2002, but otherwise Weill lieutenants like longtime corporate counsel Charles Prince III or CFO Todd Thomson did most of the glad-handing with investors and the media.

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