Will Despot quit as Citigroup Adviser ?

[makapaaa]

<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top>

Coffeeshop Chit Chat - Will Despot quit as Citigroup Adviser ?</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"></TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">BabaEro11 <NOBR></NOBR></TD><TD class=msgDate noWrap align=right width="30%">7:46 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right>(1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4></TD><TD class=wintiny noWrap align=right>5038.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Citigroup director Robert Rubin resigns as adviser
http://news.yahoo.com/s/ap/20090110/ap_on_bi_ge/citigroup_rubin
MINISTER Mentor Lee Kuan Yew has been appointed as special adviser to Citigroup, the world's second-biggest financial services group.
http://app.mfa.gov.sg/pr/read_content.asp?View,5238,



<HR SIZE=1>Edited 1/9/2009 10:49 pm by BabaEro11</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[Papsmearer]

Is this arsehole mentoring his son or Citigroup? We pay his multimillion dollar salary so he can draw another income at Citigroup? This tells me that his Mental Minister position was a ceremonial post with no real duties and plenty of time on his hands.

 

[JadedBeach]

robert rubin should have resigned way back. the management team at citi has run it to the ground, leaving pandit to pick up the pieces. unless a major merger takes place, citi's a sinking ship.

more need to take place within citi. there has always been talks at top management to dismantle it into 3 units - corp & investment banking, retail/consumer, and private banking. unless there's a huge shakeup, citi is likened the financial titanic. recent news on potential merger of citi's and morgan stanley's retail brokerage units is rather positive but more can be done. perhaps there could be a good merge between citi and goldman sachs (sachs and the city). it makes sense. sachs can't swallow citi whole but may still be able to absorb the investment banking unit. gawd, these guys need each other!

think MM Lee will stay on at citi

September 05, 2006 - New York – Citigroup Inc. today announced that Singapore’s Minister Mentor Lee Kuan Yew has agreed to be its Special Advisor. In this role, Minister Mentor Lee will advise Citigroup on its strategic directions and global business. Minister Mentor Lee will provide counsel to Citigroup’s senior management and its Board on international developments that impact on economies and businesses globally.

Commenting on this appointment, Citigroup’s Chairman and CEO Charles Prince said, “Minister Mentor Lee is a modern-day visionary and a unique statesman who is respected world-wide, and it is a privilege for Citigroup to benefit from his understanding, insights and experience. I am honored that Minister Mentor Lee has chosen to be a special advisor to Citigroup and look forward to having the opportunity to work closely with him as we pursue our international growth strategy.”

Minister Mentor Lee is widely recognized as the architect of modern Singapore having transformed the island state from a small trading port into a city state that takes its place amongst the developed countries of the world. He led Singapore as its first Prime Minister from 1965 to 1990 developing the nation’s constitutional system, governing institutions and the economic and political strategies that have propelled the nation into the international arena. In 1990, Mr. Lee was appointed Senior Minister and in 2004, he became Minister Mentor to the Singapore government.

Citigroup has been in Singapore since 1902. The franchise plays a significant role in the financial infrastructure of Singapore and is involved in every business line and client category in financial services. Singapore is a key centre of excellence in Asia and a strategic hub for Citigroup’s regional management, marketing, operations and technology expertise.


juz beach

<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top>

Coffeeshop Chit Chat - Will Despot quit as Citigroup Adviser ?</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"></TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">BabaEro11 <NOBR></NOBR></TD><TD class=msgDate noWrap align=right width="30%">7:46 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right>(1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4></TD><TD class=wintiny noWrap align=right>5038.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Citigroup director Robert Rubin resigns as adviser
http://news.yahoo.com/s/ap/20090110/ap_on_bi_ge/citigroup_rubin
MINISTER Mentor Lee Kuan Yew has been appointed as special adviser to Citigroup, the world's second-biggest financial services group.
http://app.mfa.gov.sg/pr/read_content.asp?View,5238,



<HR SIZE=1>Edited 1/9/2009 10:49 pm by BabaEro11</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[Papsmearer]

robert rubin should have resigned way back. the management team at citi has run it to the ground, leaving pandit to pick up the pieces. unless a major merger takes place, citi's a sinking ship.

more need to take place within citi. there has always been talks at top management to dismantle it into 3 units - corp & investment banking, retail/consumer, and private banking. unless there's a huge shakeup, citi is likened the financial titanic. recent news on potential merger of citi's and morgan stanley's retail brokerage units is rather positive but more can be done. perhaps there could be a good merge between citi and goldman sachs (sachs and the city). it makes sense. sachs can't swallow citi whole but may still be able to absorb the investment banking unit. gawd, these guys need each other!

btw, MM Lee was appointed as special advisor back in 2006. that was during chuck prince's reign.


juz beach

Oh please, CITI and morgan stanley is like 2 drowning persons marrying each other. ditto for CITI and goldman sachs. They have so much problems between them. the reason for the merges were to grow quickly into such a large size that the Fed has no choice but to bail them out, and it allows them to qualify for more of the $750 billion bailout money.

juz Paps

 

[po2wq]

gd 4 ct-gp! ... dey wil soon b njoying n un4getable, glittering, golden period ...

 

[Angelo]

where money is concern, da despot is quite clear on where he stand......

he quit? LOL

Wei Lau bu shi

Si wei Zei

Old never die.

Is call an old dog thief