Thursday, November 10, 2011

The Former Citi CEO Has Three Words Of Advice For Rich Americans


Never let it be said that former Citi CEO Sandy Weill isn’t in tune with the general sentiments of the American public. According to the Wall St Journal the former chair of Citigroup Inc., has put one of the most celebrated postwar penthouses in Manhattan on the market for $88 million, saying that at a difficult period in the country's history, it is "a pretty good time" for wealthy Americans "to be quiet."

He said he intends to donate to charity the proceeds from the sale of the largest apartment in the one of the most sought-after new condominium developments in New York, a huge penthouse at 15 Central Park West.

After the sale, Mr. Weill and his wife, Joan, plan to move from the full-floor penthouse with a terrace and garden that wraps around three sides to a much smaller apartment they own on the sixth floor of the building….

Read more at http://online.wsj.com/article/SB10001424052970204358004577028560297692548.html?mod=WSJ_NY_MIDDLELEADNewsCollection#articleTabs%3Darticle

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