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Why is Pandit Out at Citigroup?

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  • Description

    FBN’s Neil Cavuto on Vikram Pandit’s ouster as CEO of Citigroup.

  • Duration 2:14
  • Date

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This transcript is automatically generated

OK so -- Vikram Pandit is out at Citigroup that you know but do you know why he has out.

It's not because he never really addressed Citicorp's -- is concerns I think it's because he never address saying he never really took a stand on any worse.

Well leaders are covered -- -- never said anything -- -- remained tried like active ten and down on at least one thing this guy.

Said nothing.

Not think.

You listen you decide December 2007.

Just in -- his job running Citi Vikram Pandit says in Italy forget -- areas goals he wasn't interested in sharing so much.

As an opinion.

Didn't give in this enormous power to come in and I'm not saying debates -- them.

But to at least look at the dividend right.

The court has made that decision and it's the board decisions to that point is it fair to say because of the board statement on the dividend.

That you are against Vikram -- -- against cutting that dividend.

-- -- be very clear it's the board's decision finally sir you're.

Sense of the political landscape.

I'm not gonna comment on any of that I'm willing and ready to comment on anything you want me to talk about address the future of this company how about chocolate or Vanilla Ice -- Which is your favorite.

Hope people can you get me twirled.

And silly right but forget about the ice cream that he had just stepped back from that and what does a series of nine answers like that say about a guy you think would be stepping up.

Remember we're we're going into what could be a meltdown -- -- already back then Dicey for banks you can't build a career on being denial.

Before you just gonna get -- Then your favorite flavor really doesn't matter does you realize you just stuck.

On rocky road.

And only had ever had a more infuriating and it's not one not one question -- I almost wanted to people.

Back then what would be the equivalent of the Candy Crowley and just say.

-- about.

That's what happens.

You know until.

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