12. Citigroup
 Get Quote: C
Financials: Latest Results
Rank: 12 (Previous rank: 8)
Compare tool: Citigroup vs. Top 10 CEO: Vikram S. Pandit Address: 399 Park Ave. New York, NY 10022 Phone: 212-559-1000 Website: www.citigroup.com If the Citi never sleeps, CEO Vikram Pandit didn't get a single wink of shut-eye in 2008. Bad bets on mortgages and complex debt put the bank's survival at risk more than once last year before U.S. taxpayers footed the bill for a $45 billion bailout.
The stock fell an incredible 77% as the bank posted a 2008 loss of $27 billion after earning $3 billion in 2007. Shares fell even further in 2009 - flirting with $1 - before jumping on the news that the first two months of the year just might maybe show a profit. - J.R. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Commercial Banks
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