Then and Now

“I can only say that I am deeply sorry that our management – starting with me – was not more prescient and that we did not foresee what lay before us.”

– Chuck Prince, former CEO of Citigroup, Congressional testimony, 8 April 2010

“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.”

– Chuck Prince, CEO of Citigroup, interview with Financial Times, 10 July 2007

Er…