Postcards
Power Point: Krawcheck says "Less is better"
July 14, 2009: 4:28 PM ET"'More' is not the answer here. 'Better' is the answer here. 'Much less' is the answer here."
-- Sallie Krawcheck, former CFO of Citigroup (C), discussing the need for simplicity in financial disclosures in a video interview with CNNMoney anchor Poppy Harlow. Krawcheck gets personal here: Six weeks ago she refinanced her home and encountered "mind-boggling" paperwork, she says. The financial-services industry, she notes, "had high returns on complexity for years." Complexity bred profitability--and confusion for consumers and investors.
A champion for the individual investor since her early days as an analyst (who covered the financial-services industry), Krawcheck seems, in this video interview, tempted by the idea of a job in the Obama administration. If she went to Washington, she'd presumably take a key post in the area of regulation/investor protection. But she has three children in school in New York City, so a move would be a big deal.
Meanwhile, she's been rumored to be a candidate to run the U.S. wealth management unit at UBS (UBS). That's unlikely--too close to her last job at Citigroup. --Jessica Shambora
-
Meredith Whitney: From Fortune to CNBC to WWE
Did you see WWE Raw Monday night? I did. First time ever. Why? (Good question!) Because Fortune was front and center. Big John Bradshaw Layfield, known as JBL to pro wrestling fans, was hawking our new issue for one reason: His wife, Meredith Whitney, is on the cover.
Whitney, in case you don't know, is Wall Street's force of nature. The Oppenheimer analyst has recently knocked billions off the stock-market capitalizations MORE
Patricia Sellers - Aug 5, 2008 1:21 PM ET -
Wall Street's under-the-radar CEO
I saw Brady Dougan last evening. He's the under-the-radar CEO of one of the financial world's quietest giants, Credit Suisse Group (CS). The company's cocktail reception, hosted by Dougan at New York's Chelsea Art Museum, was off the record, so I can't tell you what we talked about. But I can tell you that this young chief sure seems to have grown into the big job. I spent time with MORE
Patricia Sellers - Jun 25, 2008 4:52 PM ETPosted in: Bloomberg, Brady Dougan, Carlyle Group, CEOs, Citigroup, Credit Suisse, Dan Doctoroff, Goldman Sachs, JPMorgan Chase, Leadership by Geoff Colvin, Lehman Brothers, management, Matt Winkler, Merrill Lynch, Morgan Stanley, Norm Pearlstine, Norman Mineta, Postcards, Power Shift, Rob Shafir, Time Inc., UBS, Wall Street, Zurich -
Powerful women on the move
Who will head Hearst following CEO Victor Ganzi's sudden departure? Read my colleague Richard Siklos' smart take on the drama there. I had lunch on Monday with one contender: Hearst Magazines President Cathie Black - and even then, she had no clue that her boss was going to quit. In fact, Cathie told me on Monday that she was heading to India for an IBM (IBM) board meeting this MORE
Patricia Sellers - Jun 19, 2008 6:32 PM ETPosted in: Bear Stearns, Blair Effron, Cathie Black, Centerview Partners, CEOs, Citigroup, Dresdner Kleinwort, FORTUNE MPWomen, Gillette, Hearst, Hillary Clinton, IBM, Jim Kilts, Leadership by Geoff Colvin, Lisbeth Barron, management, Morgan Stanley, Postcards, Power Shift, private equity, Richard Siklos, Robert Pruzan, Steve Crawford, UBS, Victor Ganzi, Wasserstein-Perlla
For the latest on the most influential women in business, philanthropy, government, and the arts, like us on Facebook. 
Fortune Most Powerful Women
Sheryl Sandberg:
Gina Bianchini
In her first public interview since taking on the CEO gig at Yahoo, Marissa Mayer outlines her priorities both in and out of the company. Watch
Brenda Barnes famously quit a big job to be with her kids. Years later, a massive stroke nearly killed her--and her daughter returned the favor. Watch
Fortune senior editor at large Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Marissa Mayer: Ready to Rumble at Yahoo," "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), and "Remodeling Martha" (Martha Stewart). She has helped oversee Fortune's "Most Powerful Women in Business" package every year since its launch in 1998. Pattie is Executive Director of the Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business and beyond. She oversees MPW programs that enable women leaders to extend their influence and empower the next generation—such as Fortune MPW Entrepreneurs and the Fortune-U.S. State Department Global Women Leaders Mentoring Partnership. Beyond her Fortune duties, she is also developing Live Content across Time Inc. Pattie grew up in Allentown, PA, graduated from the University of Virginia, and started at Fortune in 1984. Her blog, Postcards, is about how power players lead, manage others, and navigate their careers.
Subscribe: RSS feed | email newsletter
The Fortune/U.S. State Department Global Women Leaders Mentoring Partnership brings rising-star women from countries around the world to the U.S. for three-week mentorships with participants of the annual Fortune Most Powerful Women Summit - among them Ursula Burns of Xerox, Laura Lang of Time Inc., Marissa Mayer of Yahoo, and Tory Burch.
Read more
