The friction was the CEO of City Group was named Vikram Pandit,

who we nicknamed Kung Fu Pandit.

And he was saying,

yes, we want to outsource this to Mumbai.

Gee, why would he say that?

Vikram Pandit.

I wonder why, right?

What was he getting out the back door?

The side door, whatever, fucking door.

So this is very interesting because I want to explain this to you.

Very interesting.

There's a good song. You might think you're just paying your bill and that it goes to a

PO box and it goes to your company no you might think i'm crazy hanging around with you

etc there's a there's a point to this story, believe me.

So they decided that they're going to eliminate thousands of full-time jobs in the United States,

Citigroup employees, and they're going to outsource this to India.

And I was responsible for one of the main parties responsible for negotiating the contract.

And I came back and told these guys, this is a fucking mistake.

You have no controls.

These guys could bundle these checks, sell them to the fucking Russians.

They could bundle them themselves.

They have access to your bank account, your name, in many cases, social security number on a lot of these coupons you send in for insurance and everything else.

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