I found this board through a search and was so happy to find a place to vent. I watched the show last night and could not believe what I saw. It was the worst performance I have ever seen from a CEO. He dodged all questions, gave the same answers over and over and continually looked confused and totally unprepared for some pretty basic topics. Charlie kept pushing the same issues (probably not hard enough) and Pandit just kept repeating himself and refusing to accept any blame. The entire hour was shameful. I will be surprised if there are not further repurcutions about it.
This guy gets an F. Could not answer one question. Easily makes the listener question what was done over the weekend. Sounded to me that Bob Rubin had connections to this whole thing. Sounds VERY fishy. Everyone should watch this Charlie Rose episode. If you do, you will short the stock. He constantly dodged Charlies questions, and barely even addressed why there were so many layoffs.