Widely viewed as a contender for the Merrill job, oddsmakers thought he'd more likely end up in the recently vacated top post at Citigroup (nyse: C - news - people ).
Bank of America (BAC) touched a new post-crisis low on Monday, but Citigroup (C) has the dubious distinction of having shed the most value among the big banks in the last five years.
Even in a post-Lance world, word today that the International Olympic Committee had decided today to c ut wrestling from the 2020 games came across as a craven stunner.