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A lawyer as CFO? Bad idea, says Bove

Started by Joelle, March 20, 2009, 06:00:53 PM

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Joelle

A lawyer as CFO? Bad idea, says Bove
      


Did Citigroup do the right thing in installing a new CFO? Depends on who you ask.
Citi named Gary Crittenden to run a unit housing underperforming and toxic assets the bank wants to get rid of, and tapped Edward Kelly to replace him as chief financial officer. Kelly, known as Ned, was head of global banking, [...]
         

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