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Yesterday I posted about how the current financial crisis was an opportunity to learn about how the global financial markets function. Another great resource for digging deeper is Charlie Rose‘s show on PBS. Last night he had Citibank CEO Vikram Pandit on for the hour. As one would expect from a CEO of a major financial institution, Pandit doesn’t offer much of a mea culpa, however he does offer some insight into the causes of the current crisis. Pandit arrived at Citi a about a year ago, and began to deal with a mess that had been created when Citi merged with the Travelers Group. It’s an excellent interview:
SAJAforum has a full transcript of the interview.