BANK STRESS TESTS MAY LEAD TO REMOVAL OF CITIGROUP CEO VIKRAM PANDIT - New York PostCitigroup CEO Vikram Pandit's job security is increasingly in jeopardy as momentum grows in Washington to oust him.
With the bank stress tests wrapping up, sources tell The Post that regulators think they might have to make the bold move of removing Pandit to signal Washington is taking as hard a line with the banks as it did with General Motors when it effectively ousted GM CEO Rick Wagoner.
Citi just posted a profit... and they want to fire the guy.
He came in in 2007...
The US Government has no right to force Citi to do anything.
How many people really support this sort of "action" by the WH?