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This presumably why the board have opted for a temporary double act at the top: Mr Rubin as chairman and Sir Win Bischoff, a European banking éminence grise, an interim chief executiveIt is generally assumed that Citi needs to be broken up, as it is unmanageable in its current form, which resulted from Mr Weill's throwing together of Travelers Group with Citibank back in 1998.
"It is unmanageable and dangerous".
Similar(54)
It was unmanageable".
"It's unmanageable and dangerous".
Put five bad kids together and it's unmanageable.
What Todd's talking about is desire when it's unmanageable within the system, unattached to something you can buy.' It was bought by October Films, which had been bought by Universal, which had been bought by Seagram.
"Basically, what we were trying to do is provide a place for our customers to enjoy a bottle of water or something like that, and based on the technicalities in the city law, it was unmanageable.
Judah Kraushaar, a hedge fund manager and former banking analyst who worked with Mr. Weill on his autobiography, said that Citi's problem wasn't that it was unmanageable, but that it lacked enough good managers — and that Mr. Weill was a good manager.
It's unmanageable to design the control strategy aiming at only one branch.
Keeping sheep provided wool to the household, and when a sheep reached an age when it was unmanageable for wool production; it could be harvested as mutton.
But the problem is that it just completely overwhelmed both the experts and us it was unmanageable".
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