NEW YORK, Jan. 14 (UPI) -- Citigroup Inc. is taking direction from "a new CEO," namely the U.S. government, as it seeks to sell various non-core businesses, one investor said.
The financial giant, having accepted cash infusions from the government of $25 billion and $27 billion, has "a new CEO … his name is Uncle Sam. He is an activist and he wants the company monetized," investor William Smith told The New York Times.