Citi Dweller

When Citigroup chairman Charles Prince III ceded leadership of the firm to former Treasury secretary Robert Rubin amidst massive losses at the investment banking giant related to subprime mortgages, it was a reminder of the power wielded by Saudi billionaire Prince Alwaleed bin Talal, Citi's largest shareholder.

Stephen Taub November 20, 2007

When Citigroup chairman Charles Prince III ceded leadership of the firm to former Treasury secretary Robert Rubin amidst massive losses at the investment banking giant related to subprime mortgages, it was a reminder of the power wielded by Saudi billionaire Prince Alwaleed bin Talal,

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