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Prince Alwaleed Praises Pandit for Citigroup Crisis Handling

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Saudi billionaire Prince Alwaleed bin Talal praised Vikram Pandit for his handling of the financial crisis while chief executive officer at Citigroup Inc., saying he helped position the bank for further growth. “Many companies like HSBC, Barclays and Standard Chartered shrank and went back to their roots,” Alwaleed, the largest…

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