Word: succession
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...Globally, Citi has been a part of four of the six largest deals in 2009. Its biggest score came in January when it was picked by Pfizer to be one of the drugmaker's advisors on its $68 billion acquisition of rival Wyeth. "We are very proud of the success we have had this year," gushes Mark Shafir, who is the head of the M&A division at Citi...
...success of Citi's dealmakers comes as a surprise because the sprawling bank has generated nothing but frightening headlines in recent months. Like the other big banks, Citi received billions in aid from the government, and has been back to the government's well more often than most. Last month, the Treasury, along with private investors, agreed to convert some of their Citigroup preferred shares into common stock, which will strengthen the company's capital position. All told, the government has injected $45 billion into Citi by buying preferred shares; it has also insured the bank against losses...
...have to be attentive to tiny details. If you miss an episode, you're off the train. Now when fans can rewind and rewatch and discuss endlessly in blogs and chat rooms, these shows can be more challenging, sprawling and complex. And Internet buzz is crucial to their success. The Web taketh from Heroes, no question, but it also giveth considerably...
...outside groups will start to mobilize," he warns. "My view is, we can get more than 60 votes." To do otherwise, he says, is to risk having the whole program come apart as it is being put in effect. "Once it becomes partisan," he warns, "the chance of success is diminished...
...clear he was not interested in discussing the matter at length. "I like to know what I'm talking about before I speak," he said, explaining the delay in making the information public and expressing outrage. Then he moved on while the reporter, CNN's Ed Henry, tried without success to get him to elaborate. (Read "The AIG Backlash: Has Congress Flipped...