OK, time to give Citi the "GM" treatment and send CEO Vikram Pandit packing. Failure to lower the boom on these bozos (and then start breaking the beast apart) will be a clear sign that Wall Street gets as many chances as they need compared to Detroit. CNNMoney:
Citigroup Inc. may need to generate up to $10 billion in new capital to meet the requirements of the U.S. government's stress tests, the Wall Street Journal reported on its Web site Friday.
Like other financial institutions, the bank is in talks with the Federal Reserve about whether it needs more capital.
