Tuesday, 22 July 2008

Michael Klein quits Citigroup

Michael Klein, one of the top dogs at Citigroup, has decided to leave the bank. Mr Klein was an important player at Citi - helping it to raise billions of dollars from sovereign wealth funds to cover credit-related losses. But what will he do now?

I have been speaking to Mike, and he told me, 'I've had it up to here with corporate life. Where is the love? Yeah, I'm finished. I need to get away. I was reading your post last week about peace and love in the desert, and it gave me an idea - why don't I become a financial shaman? I'm still young. So that's what I'm doing. I'm going into the desert. I want to find something deep within myself, and deep within the cosmos, that will give my life meaning. I want to feel the burning. I've made a lot of money in my time, but I've never felt the burning. I need to feel the burning now. There is such a hunger in me. I'm so empty. The fire will fill me up.'

I hope he finds what he's looking for. Good luck, Mike.