"I just didn't think Vikram Pandit was qualified to run what was one of the world's largest, most complex banks, " he said. "Neither did I think John Havens was qualified to be the No. 2 person. Both these people had institutional, equity or fixed-income experience, hardly commercial bank experience, so that's why I stayed away from it."
The shake-up at Citi changed the outlook for Weiss.
"Today, with Vikram stepping down — being pushed out , I would say — and havens following him, his No. 2 from Morgan Stanley days, I thought it sounded the all-clear, " he said. "He should've gone a long time ago."
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