Two Princes, One Lousy Stock

Originally Published In the News October 15, 2007 10:28 AM

Citigroup’s Chuck Prince is likely digging a deeper foxhole after the latest news to come out of Citigroup. The woeful earnings report is leading to another smackdown in the stock price, and soon it is possible blogging money managers will take credit for his departure. The other Prince, Alwaleed bin Talal, might have the final say in the matter, however. Divesting assets or buying a regional bank might only divert attention from what needs to happen here. How much longer can Chuck Prince last?

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