Originally posted by kulman Citigroup 'went wrong' on realty: Vikram Pandit Shri Pandit jee With due respect, the Citi went wrong not only with Realty but with the Reality. Those highly educated MBAs acted on what Buffett calls 'the institutional imperative'.

CITI went wrong. period. closer to 0 today. Will get delisted soon.
Under Pandit's tenure. Took the mother of all recessions to expose flaw in Citi's business plan.