Investing Opinion
A New CEO for Citigroup: Leadership Matters
As I prepare to write the column each week, I have a habit of looking at the comments that readers have provided from the week before.
This can be self-defeating since many of those who feel the need to comment are compelled to do so because they have taken offense at some aspect (or all aspects) of my opinion of that week. While I never respond well to shouting or name-calling, I do take the input seriously and I appreciate each comment that is included. At the same time, it's an opinion column so if some debate is engaged, all the better. You have to click a couple of times to get to this column so I figure that you consciously chose to read it. Having said that, one of my new friends from last week, responding vigorously to my thoughts on Citigroup's(C) Vikram Pandit's future, ended his comments with the question, "Do you want to become next CEO of this company?" While I doubt that he was actually in a position to offer me the job, he does bring up a good question. If I'm going to have an opinion about Pandit or any other leader, does it mean I should be willing to say I could do it better? Could it be that the missing CEO that could turn around the finance (and automotive) business is none other than me? Well, maybe, but probably not. Besides the fact that I would go insane with power and money, hire all my friends and past classmates and fire anybody who looked like my third grade math teacher. I would also have some problems getting my arms around the various businesses and understanding the complexities of the various operations. This is also why you don't want me to be your brain surgeon or auto mechanic.TheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn MoreOptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn MoreReal Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn MoreStocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |


Connect with TheStreet