From Bloomberg: Vikram Pandit, Citigroup CEO, said he would be happy to talk with Occupy Wall Street protesters, calling their sentiments “completely understandable.”
“Trust has been broken between financial institutions and the citizens of the U.S., and that is Wall Street’s job, to reach out to Main Street and rebuild that trust,” Pandit said today at a breakfast organized by Fortune magazine in New York.
Several hundred people tied to the movement marched on the New York City homes of Wall Street figures including billionaire hedge fund manager John Paulson and JPMorgan Chase & Co. (JPM) CEO Jamie Dimon yesterday. Pandit, who bought a 10-room apartment on the Upper West Side for $17.9 million in 2007, said he would tell the protesters how Citigroup, the third-biggest U.S. bank, is trying to increase lending to small businesses.
“I’d talk about the fact that they should hold Citi and the financial institutions accountable for practicing responsible finance,” Pandit, 54, said. “I’d be happy to talk to them any time they want to come up….”
Read more at http://www.bloomberg.com/news/2011-10-12/citigroup-s-pandit-says-he-d-be-happy-to-talk-with-wall-street-protesters.html
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