Citibank – Lance Wiggs

Be good and be different – but do it the right way

I’m reading Zag – a little book with the thesis that to succeed you not only need to be good – but you need to be different from everyone else that is good. It’s a nice way to look at things. Unfortunately for author Marty Neumeier he picked one bad example – a hazard when …

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Citibank and the $20 billion bailout

If you are going to spend $20 billion on bailing out a bank that has a market capitalization of about $20 billion, then surely you should end up owning the bank? Not so with Citibank. Indeed, if you owned equity in a company that had debts far great than assets, then wouldn’t you expect to …

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