Dear Mr. Pandit: Let's Seize This Moment

Search form

Dear Mr. Pandit: Let's Seize This Moment

Dear Mr. Pandit: Let's Seize This Moment
Thu, 4/26/2012 - by The Alternative Banking Group

Photo: AP/Gawker.

The following is a letter from The Alternative Banking Group of Occupy Wall Street to Vikram Pandit, CEO of Citigroup. It was emailed to Mr. Pandit on Wednesday. He has yet to respond.

Dear Mr. Pandit:

Your shareholders recently asked you, as CEO of Citigroup, to rethink executive compensation. The conclusions you come to will have a huge impact on Wall Street. The Alternative Banking Group, a working group of Occupy Wall Street, remains ready to sit down with you and share our perspective.

But we must not wait any longer; the timing is urgent.

Last October, you invited Occupy Wall Street to meet with you. On February 27, we accepted your offer. On March 7, your assistant told us that you had received our message and would get back to us shortly. We have yet to hear from you. We trust that you will keep your word and respond to us now.

This is a historical moment. Let us seize it together.

Sincerely,

Cathy O’Neil
The Alternative Banking Group
Occupy Wall Street

Article Tabs

student debt, student loans, debt jubilee, debt forgiveness

We realize that a “student debt jubilee” will cost money, but it will also stimulate economic growth by injecting more money into the economy – and that growth will provide more tax revenue for the government.

carbon emissions, climate catastrophe, runaway climate change, climate solutions, carbon cuts, Solutions Project, Rocky Mountain Institute, Northwest Biocarbon Initiative

It's time to call out with very loud voices for what we really need: a global energy revolution accompanied by a global land use revolution – because nothing less will do.

A day after attending a Native Lives Matter march, a Native American man in South Dakota was killed by a police officer under very shady circumstances.

Syriza party, Alexis Tsipras, anti-austerity protests, Greek protests, bank bailouts, austerity policies, Podemos party, Golden Dawn

The victory of Greece's leftwing Syriza party is sending shockwaves through Europe’s political establishment as popular resistance to the politics of austerity builds.

There are lots of ways to plug into the movement opposing Fast Track legislation and the biggest, most damaging corporate trade agreement in history.

Britain’s colonial legacy is a living one – no one is born prejudiced, but in Britain all of us are born into racism.

Posted 5 days 6 hours ago

The fight for net neutrality, like the fight for an open and free Internet, is a clarion call for Internet users and content creators to defend what has made the the web one of the world’s greatest enablers of social and economic progress.

Posted 5 days 6 hours ago
Bitcoin, blockchain, alternative currencies, digital currencies, cryptocurrencies, decentralized economies

The emerging blockchain movement can build systems that incentivize carbon reductions, make renewable energy, increase microfinance, decrease costs in remittances and education, and lower barriers to entries across industries.

Posted 3 days 23 hours ago
Barrett Brown, relevant conduct, hacking, hacktivists, Stratfor hacking, Jeremy Hammond

Barrett Brown was sentenced to 63 months in federal prison for hacking Stratfor. But he's not a hacker - he's a journalist.

Posted 3 days 23 hours ago
entrapment, FBI entrapment, terror cases, COINTELPRO, Liberty City 7, Muslim community surveillance, Seas of David, Occupy Houston sniper plot, Southern Poverty Law Center, Craft International, FBI terror plots

Most Americans know there have been dubious prosecutions in the FBI’s ongoing effort to thwart terror attacks on American soil – but unfortunately, it seems many Americans are too scared to care.

Posted 2 days 2 hours ago
Elizabeth Warren, Antonio Weiss, Lazard, Wall Street Democrats, Dodd-Frank Reform, inversion, tax inversions, Independent Community Bankers of America

Bolstered by grassroots groups eager for any anti-Wall Street crusade and a vibrant progressive media that hung on her every word, the Massachusetts senator succeeded in knocking out Antonio Weiss’s nomination at Treasury.

DEA spying, car license plate database, license plate readers

The ACLU warns that the scanning of license plates by the U.S. Drug Enforcement Agency is building a repository of all drivers’ movements.

Syriza party, Alexis Tsipras, anti-austerity protests, Greek protests, bank bailouts, austerity policies, Podemos party, Golden Dawn

The victory of Greece's leftwing Syriza party is sending shockwaves through Europe’s political establishment as popular resistance to the politics of austerity builds.

The middle class that President Obama identified in his State of the Union speech last week as the foundation of the American economy has been shrinking for almost half a century.

The covert operation taps into Internet cables and analyzes records of up to 15 million downloads daily from popular websites commonly used to share videos, photographs, music and other files.

Sign Up