Citigroup's Pandit discusses TARP, downsizing, pressure

06/11/2009 | Bloomberg Businessweek

Citigroup and Bank of America continue to face pressure from Washington after being left off the list of financial institutions allowed to repay federal aid. Citigroup CEO Vikram Pandit, who has been under intense pressure from federal officials to step down, discussed the bank's situation, exiting the Troubled Asset Relief Program and reining in the company's operations.

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