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Citigroup Financial Services Split Will Be Done!

January 22, 2009

Analysis of:Citigroup Plans to Split Itself Up, Taking Apart the Financial Supermarket | www.nytimes.com

There are a variety of reasons that this split will be successful: 1. Citigroup will pawn off its bad assets to the Federal Government.2. The "Good" Citigroup remaining, while somewhat under the Federal Government scrutiny and control, will still remain a viable and profitable firm through the sale of assets and reduced cost infrastructure.3. The Federal Government will eventually (5-7 years +) will benefit from the sale of some of the toxic assets they will hold to some prudent investors, who will review and dissect the toxic assets and purchase them from the Federal Government and sell selected products that have value. All do not have value, but upon analysis some assets will have value and exceed the prices the Federal Government will have paid so it becomes a WIN for the Federal Government, hence the US Taxpayer.

J.P.Morgan Chase In House Processing From First Data

June 3, 2008

Analysis of:JP Morgan Chase to bring payment systems back in house | www.cio.co.uk

J.P. Morgan Chase must be in a position to have a well thought out continuity of business plan in the event of a worse case scenario given the statement published, i.e., "First Data would strive to make sure there was no disruption to its payment processing services." This could tarnish the reputation of J.P. Morgan Chase and First Data should there be such a significant event. Transitions from one service provider to another requires detailed accountability for each project team assigned, identification of key responsibilities and failure penalties for unsatisfactory results. In addition, the fixed, variable and transition/opportunity costs associated with a service being taken back again and previously cost justified to be outsource, must be thoroughly reexamined. The performance measurements and financial impacts should be dimensioned and measured prior to and during the transition.

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