Just as Citigroup (NYSE:C) CEO Vikram Pandit (Vikram Pandit news) has started to earn some positive media, the Financial Crisis Inquiry Commission will circle back to pre-Pandit days to question former CEO Charles Prince (Charles Prince news) and former director Robert Rubin (Robert Rubin news) on Thursday.

There are myriad questions that could be asked, of course. But New York Times' Dealbook columnist Andrew Ross Sorkin notes, "On the watch of these men, Citigroup lost more money than almost any company in history, requiring an extraordinary government bailout (TARP news)."

The bank board later approved a $12.5 million exit bonus (bank bonus news) for Prince, after he resigned under pressure. So the columnist's top question is this: "Why? Why would you knowingly reward such failure? What is it about the culture of Citigroup and Wall Street that encouraged you to approve such a large party favor? Why was there reason to give a bonus at all?" You can bet these questions will come up.   

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