His co-chairing of Davos 2012 was criticized,[33] with Mike Mayo, an analyst with Crédit Agricole in New York remarking: "What kind of signal does that send, that the bank that was the worst-performing in our country over the last decade and whose stock price is still down significantly since he took over, is the ambassador for our financial industry?"[34] At Davos 2012, Pandit said that Citigroup was going "back to the basics of banking" in respons...
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