If I could get CitiGroup CEO Charles Prince on the phone or catch him on the street, this is what I’d like to say to him: Ha! Ha! Ha!
It gives me a great deal of pleasure to see one of the top fat cats like this jerk getting a little payback that he so richly deserves.
I surely don’t expect him to suffer any financial pain. Guys like this are wealthy enough to live out their lives (and probably the lives of many others) without having to earn another cent.
I’d like to see him out on the street like all the poor people that have suffered
through foreclosure due to the willingness of the big lenders to push mortgages that people could not afford.
No, it’s not financial problems that will be a problem for Charles Prince. His real pain will come from the embarrassment of looking like a failure. Guys with enormous egos like he probably has must fear that more than anything else. He failed in a very public way at the helm of a huge company everyone has heard of.
News reports say that Prince is set to step down tomorrow at some kind of emergency meeting. Good riddance.
Maybe, just maybe, this will be a lesson to the greedy creeps that run some of these big corporations. Sometimes your actions come back and bit you in the rear end.
As readers may know, I am anything but a fan of CitiGroup/CitiBank/CitiMortgage/Whatever and any news regarding hardship on the part of that outfit puts a smile on my face.
I sure feel badly for all the lower-level employees who are just trying to make a living and may be facing lay-offs soon. I did my time inside Corporate America for quite a few years myself and was thrown out on my butt a while back, so I can truly say that I “feel their pain.”
I do not, needless to say, feel the least bit sorry for the Charles Princes of the world, however. It’s quite refreshing to see a little bit of what some of us might call “justice” metered out for a change. Hit the road, Prince, CitiGroup may become a better company without you.
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