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Filed September 3, 2026

Story 403

Story 401,

I suspect someone reading your post will find it incredulous that a manager with no direct prevue over an employee could demand that they be fired or sidelined but at Citi it happens a lot because the culture is so run amok. The exact thing is outlined by one of the women suing Citi; she alleges it was done by someone who was well-known to be part of the “Indian Mafia,” sponsored and enabled by Fraser’s protected and beloved COO.

It’s what happens when informal power becomes more influential than formal governance. Org charts stop mattering. Process stops mattering. Accountability stops mattering. The question is no longer whether someone has the authority to destroy another person’s career, but whether anyone inside the institution has the courage—or the power—to stop them.

That is not a rogue-manager problem so much as a fundamental governance problem. And when the same kind of story keeps surfacing from different women, in different parts of the organization, involving different leaders, it becomes increasingly difficult to dismiss each one as an isolated incident.