We've noted that when Vikram Pandit was given the job as CEO of Citigroup there were some reservations by some directors. Since then, additional doubt has been voiced by others. Mr. Market certainly displayed its displeasure at the Pandit-Win Bischoff news. The main criticism has revolved around a combined lack of consumer banking know-how, experience running large complex organizations, and--this is the interesting one--personality. People want their CEOs to be dynamic individuals. But there is already a lot of carping about Pandit's personal touch, or lack of. Meredith Whitney of CIBC, in signaling her intentions to be a thorn in his side, told clients the CEO's first meeting with analysts was not confidence-inspiring, as "details were scant and the tone was defensive," according to the Financial Times. We said there would be a short honeymoon. Now, it looks like there will be not be one at all.  

For more:
- here's the FT item
- here's an interview of Pandit by Maria Bartiromo

Related articles:
- Meredith Whitney on Citigroup -- again
- More on star analyst Meredith Whitney

Read more on: Meredith Whitney l Vikram Pandit l Citigroup