Citi hires outside help

Along with the compensation review by Obama's pay czar, Citi has had to retain an outside consultant to do a management review. Regulators have pushed Citi to hire Egon Zehnder, a headhunter and board advisory consultancy to evaluate whether the current management has the right stuff to lead it out of its current crisis. The headache and sleeplessness continues for Uncle Vik who is obviously under review himself.