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By Patrick Clark 9/20/12 12:59pm

choice words

bair

Sheila Bair Sweet on ‘Grownup’ Dimon, Down on ‘Poor Choice’ Pandit in Book Excerpt

In October 2008, with the financial system teetering, the U.S. Treasury convened a meeting with the leaders of America’s biggest banks. The agenda: to convince the executives to accept billions of dollars in bailout funds, whether the bank bosses believed their institutions needed it, or not. The story has been told before, now it’s been Read More

By Reid Pillifant 12/15/09 2:58pm

Competitive, Insecure Male CEOs Rush to Give Back Tarp Money

Not to be outdone by the other beleaguered banks, Wells Fargo C.E.O. John Stumpf announced yesterday that his company would pay off its own $25 billion debt to the government. This came hours after Citigroup C.E.O. Vikram Pandit said he was ready to get the government off his back.

“The stigma of Read More

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