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Citi's CFO speaks out

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Wholesale Business
Morgan Stanley
Goldman Sachs
Gary Crittenden
Business Week

Gary Crittenden has been in the eye of the storm at Citi. The CFO has been a key player in talks with the government and of course representing the bank in the analysts community. In an interview with Business Week, he toes the line. He makes an interesting case for not splitting up the bank. "If we spun off a stand-alone wholesale business, would it have the ability to fund itself wholesale in today's environment?" Indeed, the deposit model has won out, pushing Morgan Stanley and Goldman Sachs into a new era. Article

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