In the summer of 2024, the screens inside the elevators at 388 Greenwich were broadcasting a message to everyone passing through: we need to change the internal perception of ourselves. We are not a bad bank. By August of that year, internal communications were acknowledging that Citi lagged behind its competitors in all aspects material…
There is a specific kind of institutional dysfunction that promotes people because of their failures. The former Head of Risk Product Management — one whose work sat at the heart of consent order remediation — never defined clear roles for his team. Rather than providing vision and direction, he asked the people beneath him to…
The cause of women has reached another level since the #metoo movement. It’s causing me to consider my own position in this “battle” for equity. I have been a defender of those treated unjustly very early on in my life. It stands to reason that I would want to support women who are unfairly treated…
Re: Story 238—I was a business analyst on Julia Carreon’s team when she was ousted from Citi. The situation was abrupt and unusual, and it left everyone with the sense that something serious had happened. I’ve been waiting to see if her name surfaced on this platform so I could show my support. She is…
Story 239, I believe you. Citi is stuck in a warped, Mad Men–era sitcom, where women are expected to endure while men—no matter how mediocre or toxic—remain untouchable. One account here describes a drunk employee who wrapped his car around a tree with his two young children inside. In New York, that’s a felony. He…
This story is about a senior woman in Citi’s Commercial Bank, whom I met through a women’s network there. At a professional gathering, a male colleague grabbed her and force-kissed her. Drunk. No ambiguity about what happened. The next morning he came in, sat down, and said nothing. Not an acknowledgment. Not an apology. Just…
*Dear Moderator, I am hopeful you can publish unredacted since this is a matter of public record.* I am Julia Carreon’s childhood bestfriend of 43 years. She is fighting a very public battle with Citi, alleging that its weaponized HR department gaslit and framed her in an investigation that was over-reaching and one-sided. I am…
2/2 Palantir published a wildly unhinged manifesto today, which asserts software companies should help run national defense — and that society should reorganize itself around that idea, including bringing back the draft. Let that sink in — a software company sending your kid to war. Alex Karp is childless. I am not. He’s going to…
1/2 Scott Bessent was asked in an interview this week why people don’t feel better about the economy and he replied: “They feel good in their hearts.” If a female Treasury Secretary answered like this she would be dragged all over the Internet for being an unserious idiot – it’s really the brandishing Bessent deserves…
2/2 After I submitted the Telegram story, I realised it would be irresponsible to fail to mention JPM’s connection to Epstein, which is especially amusing given that Jamie Dimon presents himself as a morally-superior leader amongst his peers in finance. JPM provided banking services to Epstein for years after his 2008 conviction, during which time…