Bandit Shrugged

April 24th, 2009 by Jason · 2 Comments · bandit

bandatlas

Bandit is not getting fired.  Bandit will never be fired.  Bandit is the lynchpin of the entire financial system.  Bandit is The Chosen One.  Bandit holds the fate of the entire world in his business card holder.  Firing Bandit is like crossing the streams.  Remember the house at the end of Poltergeist?  That would be Manhattan if a day went by and Bandit was not running Citi.  So all that talk about booting Bandit to make an example of him can just stop, says CFO Ned Kelly.

In an interview with The Post, Citi CFO Ned Kelly said, “Replacing [Pandit] would be dramatically de-stabilizing both for Citi and the system.”

The system!  I can understand not wanting to replace him for Citi’s sake, and I can doubly understand Kelly saying such: he would likely find himself in charge (at least as interim CEO) with Bandit gone which is a position no sane person could ever want.  And one could expect that interim to be quite long indeed, assuming the job isn’t any more coveted now than when Prince stepped down.

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