10/21/2012 10:16 am ET Updated Dec 21, 2012

Why Someone Needs To Take A Knife To Citigroup

THE defenestration of Vikram S. Pandit from the corner office at Citigroup might just be a turning point for shareholders of this great big beleaguered bank. What remains to be seen, however, is whether the change will also protect American taxpayers from future bailouts.

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