In this video, Fool analysts Matt Koppenheffer and Anand Chokkavelu discuss Citigroup's bombshell this week. CEO Vikram Pandit stepped down, apparently because of friction with the board. His COO also left. Matt isn't that impressed with Citi regardless, but Anand thinks this will prove incrementally good for Citigroup.
Watch their friendly debate in the following video.
To learn more about the most-talked-about bank out there, check out our in-depth company report on Bank of America. The report details Bank of America's prospects, including three reasons to buy and three reasons to sell. Just click here to get access.
The article The Citigroup Shakeup originally appeared on Fool.com.
Anand Chokkaveluowns shares of Bank of America, Citigroup, Bank of Hawaii, and AIG. He also owns long-dated options on Bank of America and warrants on Citigroup. Fool contributor Matt Koppenheffer owns shares of Bank of America. The Motley Fool owns shares of AIG, Bank of America, Bank of Hawaii, and Citigroup and has options on AIG. Motley Fool newsletter services recommend AIG. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.