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Pandit and Bischoff take reins at Citigroup

By Laurie Bennett   |   December 12, 2007 at 7:30am   |   0 Comments

Citigroup yesterday named a new leadership team, whose mission will be to pull the company out of staggering debt from the mortgage crisis.

Vikram S. Pandit was appointed CEO, and Winfried F.W. Bischoff became chairman. The two men succeed Charles Prince, who resigned after reporting up to $11 billion in new losses.


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