Meet Citi's New Spartacus-Trained CEO

Meet Citi's New Spartacus-Trained CEO
This undated photo provided by Citigroup shows Michael Corbat, the new Chief Executive Officer of Citigroup. Citigroup announced on Tuesday, Oct. 16, 2012, that Michael Corbat will be the latest to run the bank that got its first big break by helping the U.S. cover debts after the War of 1812. (AP Photo/Citigroup)
This undated photo provided by Citigroup shows Michael Corbat, the new Chief Executive Officer of Citigroup. Citigroup announced on Tuesday, Oct. 16, 2012, that Michael Corbat will be the latest to run the bank that got its first big break by helping the U.S. cover debts after the War of 1812. (AP Photo/Citigroup)

Citigroup Inc. (C) paid a hedge-fund manager with a doctorate in finance more than $200 million over five years to save the bank from the brink of collapse. Now it's turning to a former Harvard football lineman to run it better.

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