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This book is a satirical long-form narrative that seeks to examine the effectiveness of Citigroup's post-recession management players in ramping up the bank's risk management efforts and convincing skeptical federal financial regulators about the strength of its risk machinery at a time when scaling its growth in high-potential emerging markets is of crucial importance to the bank. The story also raises concerns over the efficiency of regulatory approaches to a financial system that is rife with structural changes, which have transformed the world's biggest banks in the post-recession era. The report is based on about 50 detailed interviews, discussions and interactions as well as a study of the bank's financial documents and analyses of court transcripts, testimonies, federal documents, statements and reports from the financial press.
About the author
Nischinta Amarnath is the Chief Operating Officer of a consulting firm, Ride5 Group in New York and a business commentator for TheStreet. She was earlier a public diplomacy consultant to the UK Government and an informal researcher at Cambridge University. She holds post-graduate degrees from the London School of Economics and Columbia University.
