Opinion February 1, 2014– Sallie Krawcheck was the CFO of Citigroup from 2004 to 2007, and was partly responsible for the bank loading up on risky CDO’s and other mortgage backed derivatives which should have destroyed the bank (White House insiders reported that Tim Giethner, then Treasury Secretary, defied President Obama who wanted to allow Citi to go belly-up.). She was ousted from Citigroup and landed at Merrill Lynch in 2008 running “Wealth Management”, (as Merrill Lynch too was saved from bankruptcy by Bank of America). Sallie did not last long there and her job was eliminated.
Now, once the “most powerful woman on Wall Street”, Continue reading






