A message from Citi Global Community Relations
Today, our CEO, Vikram Pandit, testified before the United States Congressional Oversight Panel about the Government’s assistance to Citi under the Troubled Asset Relief Program (TARP).
Vikram expressed Citi’s gratitude to the U.S. Government and the American public for their investment in Citi. He shared the progress Citi has made as a company by bolstering our financial strength, reducing risk exposure and defining a clear strategy. He also discussed our lessons learned and the changes Citi has made as a result of the global economic crisis.
Finally, Vikram expressed his support of prudent and effective financial regulatory reform to create a level playing field for all financial institutions in a manner that will benefit investors and consumers.
Vikram’s written testimony is available at: http://www.citigroup.com/citi/press/2010/100304a.htm.