Vikram Pandit Will Remain at Citigroup Forever

Now that the Obama administration has drop-kicked GM CEO Rick Wagoner, can we expect other poor-performing chief executives to meet a similar fate? You'd certainly think so, especially when it comes to companies like Citigroup, which has received three government bailouts since last fall but has yet to figure out how to go a week without an embarrassing disclosure of one sort or another. Don't get your hopes up. According to "people familiar with the matter," Washington has considered ousting Citi chief Vikram Pandit, "but demurred, in part because of the paucity of candidates to replace him." Maybe Washington should consider pushing Pandit to move ahead with his plan to construct that executive Zen garden? That sure would be an attractive perk to add to the bottom of the job ad on [WSJ]