Infighting heating up at Citi?

The Citi board has issued a statement that it stands behind its current chairman, Sir Win Bischoff. But the spate of media reports that Bischoff might be sacked just might ignite the kind of blame game that is a well-known pastime at Citi. MarketWatch says, "It was [Robert] Rubin who had served as a top lieutenant to Sandy Weill and Charles Prince, the former chairmen and chief executives. He's been at Citigroup for nine years, earning about $15 million a year. Is he working behind the scenes trying to pin another disastrous year at Citi on a relative newcomer?" Once this sort of speculation hits the mass media, and boards are forced to issue statements of support, you can bet something's up. It's only natural to speculate about a shake up in the not-so-distant future. Exactly what form it will take, is anyone's guess. 

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