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To: durasell
You are perfectly correct. Citibank under Walter Wriston was a huge commercial and international banking operation.

John Reed, a.k.a. "The Brat" convinced Wriston that the retail market held huge promise thriough automation and the establishment of an aggressive, product pushing sales force.

He was right, but what a harvest!

10 posted on 12/06/2006 3:20:49 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Jimmy Valentine

My favorite Reed joke after it was discovered he was having an affair with the stewardess on Citi's private jet:

"We are now preparing to land, please return all stewardesses to their upright position...."


11 posted on 12/06/2006 8:17:58 AM PST by durasell (!)
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