A Split Not Taken at Citigroup
2,080 views · Published 30 July 2012 · 4:16 · Indexed 20 September 2026
Channel: The Wall Street Journal · 2012 · News & Politics
Long-suffering Citigroup shareholders ought to ask John Reed for a look at the letter he wrote to Sanford Weill shortly before the deal that created the company in 1998: Let's merge the two companies and then quickly split them apart. Francesco Guerrera on The News Hub looks at the letter that could have changed the banking system. Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM
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