CEOs

Is Vikram Pandit Finished?

One of the banking crisis’s more reliable thermometers—Citigroup CEO Vikram Pandit’s job security—is indicating more rough patches ahead. According to the Financial Times, “Ahead of Citi’s annual investor meeting, it has emerged that senior officials at the Federal Deposit Insurance Corporation privately discussed who might replace Mr Pandit if the bank needed more government aid.” Should Citigroup need more money as a result of its “stress test,” it would be the bank’s fourth bailout in six months. Bloomberg reports, meanwhile, that the entire board could be in trouble.