WAS 
CEO of Citigroup (1998-2003)

WHAT HE DID 
Created the first too-big-to-fail company, Citigroup. Led the boom in subprime mortgages.

RECENTLY 
Celebrated $45 billion taxpayer bailout of Citi by taking Mexican vacation on Citigroup jet, complete with $13,000 carpets, pillows made from Hermés scarves, and Baccarat crystal glassware.

 

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