Simon Johnson: Break Up Citigroup

Simon Johnson: Break Up Citigroup
WASHINGTON - APRIL 9: In this handout image provided by the IMF, International Monetary Fund's Economic Counsellor and Director of Research Simon Johnson speaks along side Charles Collyns (C), Deputy Director of the Research Department and William Murray (R), Division Chief of External Relations during a news conference of the World Economic Outlook Press Conference at the IMF Headquarters April 9, 2008 in Washington, DC. The IMF claims that global growth will decelerate in 2008 due to the slowdown of the economy in the United States. (Photo by Michael Spilotro/IMF via Getty Images)
WASHINGTON - APRIL 9: In this handout image provided by the IMF, International Monetary Fund's Economic Counsellor and Director of Research Simon Johnson speaks along side Charles Collyns (C), Deputy Director of the Research Department and William Murray (R), Division Chief of External Relations during a news conference of the World Economic Outlook Press Conference at the IMF Headquarters April 9, 2008 in Washington, DC. The IMF claims that global growth will decelerate in 2008 due to the slowdown of the economy in the United States. (Photo by Michael Spilotro/IMF via Getty Images)

On Tuesday, Vikram S. Pandit announced his resignation as the chief executive of Citigroup. He will also leave its board. Joining him in departing the company immediately is John P. Havens, the chief operating officer, who was already scheduled to retire at the end of the year.

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