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When Vik P Met Jay Z

Citigroup CEO Vikram Pandit and rapper Jay-Z were both honored recently at the same event by the New York Police and Fire Widows and Children's Benefit Fund, according to an article in the New York Times Dealbook blog.

Jay-Z holds his four MTV Video Music awards in Miami, Sunday, Aug. 29, 2004. Jay-Z won Best Rap Video, Best Direction in a Video, Best Editing and Best Cinematography. (AP Photo/J. Pat Carter)
J. Pat Carter
Jay-Z holds his four MTV Video Music awards in Miami, Sunday, Aug. 29, 2004. Jay-Z won Best Rap Video, Best Direction in a Video, Best Editing and Best Cinematography. (AP Photo/J. Pat Carter)

In addition to being a phenomenally successful hip-hop star, Jay-Z is also the co-owner of a nightclub called 40/40, and a part owner of the New Jersey Nets.

Vikram Pandit, by virtue of being CEO of Citigroup , is the symbolic owner of any future problems which may arise from Citi's $504 billion service book of consumer loans.

I combed through both men's Wikipedia biographies in search of commonalities, in order to see what they might discuss if thrown together at a fundraiser.

Jay-Z, a native New Yorker, grew up in Bed-Stuy in Brooklyn, while Vikram Pandit was born in Nagpur, India—a locale known as Orange City, due to its prominence in the trade of citrus fruit…

And so on. The truth is that, other than being very rich and at the top of their respective fields, Pandit and Jay-Z have virtually nothing in common.

If, for example, you buy Jay-Z's latest rap CD, The Blueprint 3, and then later take exception with Rolling Stone's CD review, which characterized the performers on the album as a "hip-hop all-star team", it is highly unlikely that you'll be able to force Jay-Z's record label, Roc Nation, to buy the album back at par, by claiming breach of the representations and warranties made to you by Rolling Stone.