Christopher Matthews, Time
When Vikram Pandit took over  Citigroup in 2007, he was seen as an unlikely choice. In an industry dominated by white, glad-handing alpha males, Pandit is a bookish Indian immigrant known for his financial acumen but not his schmoozing skills. But as the bank increasingly began to struggle under the weight of its dicey real-estate investments, some on Citi’s board began to think that this reportedly risk averse numbers guy might just be the right fit to lead the bank back to the top. That experiment came to a close yesterday, when Pandit abruptly resigned, a day after a...