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Fixing Libor, Redux   Why MBIA's Change of Plans Makes Sense
Jun 12 2008 7:44AM EDT

Pandit: Getting Serious

Things are getting serious at Citigroup. Just check out how the WSJ's reporting has changed from last week, when Citi was merely closing consumer credit outlets in Japan, to this week, when Citi is closing the Old Lane hedge funds it bought from Vikram Pandit. In fact, you don't even need to look at the reporting. You just need to look at the dot portraits.

pandit2.jpg

Update: A wag writes: "It must be due to a lack of sleep."

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