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Parsons Going From Time Warner To Citigroup

1.28.2009

Apparently Mr. Parson likes a challenge. The appointment will put to use Richard D. Parsons’s ties to the Obama administration as well as his experience in running companies under a federal microscope. He was previously thought to be Obama's new Commerce Secretary but other names are

Parsons Is Named Chairman of Citigroup - NYTimes.com: "Richard D. Parsons swatted down talk last November that he might become the chairman of Citigroup, the struggling financial giant. “I have every confidence that we have the right team on the field to pull this thing out,” Mr. Parsons, then chairman of Time Warner and a Citigroup director, said in an interview with CNBC."
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