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    Feds To Fire Another CEO? FDIC Plans Citi Beheading

    Here we go again. Barely two months after President Obama sacked the CEO of General Motors — and less than a week after the outright nationalization of that firm was announced — the head of yet another U.S. corporation is in Washington’s sights. According to the Wall Street Journal, the Federal Deposit Insurance Corporation is pushing for a “purge” of Citigroup’s top management, and already has contacted a potential candidate to replace CEO Vikram Pandit in the top job. The move comes only weeks after the Federal Reserve concluded — … More