This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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 - Get Report) 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.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
C $53.84 0.15%
GE $27.48 0.64%
HON $102.93 0.42%
AAPL $129.74 0.61%
FB $78.83 -0.20%

Markets

DOW 18,103.03 +78.97 0.44%
S&P 500 2,119.20 +10.91 0.52%
NASDAQ 5,041.2470 +35.8560 0.72%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs