Felix Salmon submits: Vikram Pandit still needs to do some work on the Vision Thing , I think. His big idea ,
as unveiled on Friday? Citigroup (C) is - wait for it - a "global universal
bank." At this point, he's perilously close to a tautology masquerading
as a strategy.
"Global universal bank," as a concept, is not entirely meaningless, however. It's just impossible to achieve. Complete Story »
...
Anytime
Felix Salmon submits: Vikram Pandit still needs to do some work on the Vision Thing , I think. His big idea ,
as unveiled on Friday? Citigroup (C) is - wait for it - a "global universal
bank." At this point, he's perilously close to a tautology masquerading
as a strategy.
"Global universal bank," as a concept, is not entirely meaningless, however. It's just impossible to achieve. Complete Story »
...