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CHATHAM, MA - AUGUST 22: Kurt McGrath, age 20 of Westford, Massachusetts, Mike Gormley, age 20 of North Attleboro, Massachusetts, and Richard Parsons, age 21 of Ayer, Massachusetts, watch waves crash on Lighthouse Beach, though the ocean is closed to sw... View Photo »
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Google's Chairman and CEO Eric Schmidt (L) shakes hands with Richard Parsons (R), chairman-designate of Citigroup, prior to a speech by US President Barack Obama on his economic stimulus proposal from the East Room of the White House in Washington, DC,... View Photo »
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NEW YORK - JANUARY 14: Dick Parsons attends 'Little Great Night in Harlem' at Alhambra Ballroom on January 14, 2009 in New York City. View Photo »
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NEW YORK - JANUARY 14: Danny Glover, RK Sehgal, and Dick Parsons attend 'Little Great Night in Harlem' at Alhambra Ballroom on January 14, 2009 in New York City. View Photo »
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Citigroup Chairman Richard Parsons waits for an address by President Barack Obama about the global financial crisis, at Federal Hall in New York September 14, 2009. View Photo »
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Citigroup chief executive officer Richard Parsons listens as President Barack Obama, not pictured, speaks about the economy at Business Roundtable, an association of chief executive officers of leading U.S. companies, at a hotel in Washington, Thursday,... View Photo »
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Incoming Citigroup Chairman Richard Parsons speaks at the New York State Bar Association meeting in New York, January 28, 2009. View Photo »
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Incoming Citigroup Chairman Richard Parsons speaks at the New York State Bar Association meeting in New York, January 28, 2009. View Photo »
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Incoming Citigroup Chairman Richard Parsons speaks at the New York State Bar Association meeting in New York January 28, 2009. View Photo »
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Incoming Citigroup Chairman Richard Parsons speaks at the New York State Bar Association meeting in New York, January 28, 2009. View Photo »
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Richard Parsons, Chairman-designate of Citigroup, stands before remarks by U.S. President Barack Obama on the economy in the East Room of the White House in Washington January 28, 2009. View Photo »
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Richard Parsons, Chairman-designate of Citigroup, stands before remarks by U.S. President Barack Obama on the economy in the East Room of the White House in Washington January 28, 2009. View Photo »
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Citigroup Chairman Richard Parsons talks to journalists after delivering remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009. View Photo »
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Citigroup Chairman Richard Parsons talks to journalists after delivering remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009. View Photo »
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Citigroup Chairman Richard Parsons delivers remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009. View Photo »
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Citigroup Chairman Richard Parsons delivers remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009. View Photo »
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Citigroup Chairman Richard Parsons delivers remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009. View Photo »
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Citigroup Chairman Richard Parsons delivers remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009. View Photo »
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Citigroup Chairman Richard Parsons speaks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009. View Photo »
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Citigroup Chairman Richard Parsons addresses the New York State Bar Association meetings on the economic situation January 28, 2009 in New York. View Photo »
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CHATHAM, MA - AUGUST 22: Kurt McGrath, age 20 of Westford, Massachusetts, Mike Gormley, age 20 of North Attleboro, Massachusetts, and Richard Parsons, age 21 of Ayer, Massachusetts, watch waves crash on Lighthouse Beach, though the ocean is closed to swimming, on August 22, 2009 in Chat...
View Photo » -
Getty Images
Google's Chairman and CEO Eric Schmidt (L) shakes hands with Richard Parsons (R), chairman-designate of Citigroup, prior to a speech by US President Barack Obama on his economic stimulus proposal from the East Room of the White House in Washington, DC, January 28, 2009.
View Photo » -
Getty Images
NEW YORK - JANUARY 14: Dick Parsons attends 'Little Great Night in Harlem' at Alhambra Ballroom on January 14, 2009 in New York City.
View Photo » -
Getty Images
NEW YORK - JANUARY 14: Danny Glover, RK Sehgal, and Dick Parsons attend 'Little Great Night in Harlem' at Alhambra Ballroom on January 14, 2009 in New York City.
View Photo » -
Reuters Pictures
Citigroup Chairman Richard Parsons waits for an address by President Barack Obama about the global financial crisis, at Federal Hall in New York September 14, 2009.
View Photo » -
AP Photo
Citigroup chief executive officer Richard Parsons listens as President Barack Obama, not pictured, speaks about the economy at Business Roundtable, an association of chief executive officers of leading U.S. companies, at a hotel in Washington, Thursday, March 12, 2009.
View Photo » -
Reuters Pictures
Incoming Citigroup Chairman Richard Parsons speaks at the New York State Bar Association meeting in New York, January 28, 2009. Parsons, set to become Citigroup's chairman in late February, said that he plans to work with the bank's management to insure it stabilizes itself and then grows.
View Photo » -
Reuters Pictures
Incoming Citigroup Chairman Richard Parsons speaks at the New York State Bar Association meeting in New York, January 28, 2009. Parsons, set to become Citigroup's chairman in late February, said that he plans to work with the bank's management to insure it stabilizes itself and then grows.
View Photo » -
Reuters Pictures
Incoming Citigroup Chairman Richard Parsons speaks at the New York State Bar Association meeting in New York January 28, 2009. Parsons, set to become Citigroup's chairman in late February, said that he plans to work with the bank's management to insure it stabilizes itself and then grows.
View Photo » -
Reuters Pictures
Incoming Citigroup Chairman Richard Parsons speaks at the New York State Bar Association meeting in New York, January 28, 2009. Parsons, set to become Citigroup's chairman in late February, said that he plans to work with the bank's management to insure it stabilizes itself and then grows.
View Photo » -
Reuters Pictures
Richard Parsons, Chairman-designate of Citigroup, stands before remarks by U.S. President Barack Obama on the economy in the East Room of the White House in Washington January 28, 2009.
View Photo » -
Reuters Pictures
Richard Parsons, Chairman-designate of Citigroup, stands before remarks by U.S. President Barack Obama on the economy in the East Room of the White House in Washington January 28, 2009.
View Photo » -
Getty Images
Citigroup Chairman Richard Parsons talks to journalists after delivering remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009.
View Photo » -
Getty Images
Citigroup Chairman Richard Parsons talks to journalists after delivering remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009.
View Photo » -
Getty Images
Citigroup Chairman Richard Parsons delivers remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009.
View Photo » -
Getty Images
Citigroup Chairman Richard Parsons delivers remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009.
View Photo » -
Getty Images
Citigroup Chairman Richard Parsons delivers remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009.
View Photo » -
Getty Images
Citigroup Chairman Richard Parsons delivers remarks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009.
View Photo » -
Getty Images
Citigroup Chairman Richard Parsons speaks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009.
View Photo » -
Getty Images
Citigroup Chairman Richard Parsons addresses the New York State Bar Association meetings on the economic situation January 28, 2009 in New York.
View Photo » -
Getty Images
Citigroup Chairman Richard Parsons speaks on the US economy at the New York State Bar Association meetings in New York, January 28, 2009.
View Photo » -
Reuters Pictures
Economic advisor Richard Parsons, Chairman of Time Warner attends a news conference by U.S. President-elect Barack Obama in Chicago, in this November 7, 2008 file photo.
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Getty Images
NEW YORK - NOVEMBER 22: Chairman of Citigroup Richard Parsons attends the opening night of ''Dreamgirls'' at The Apollo Theater on November 22, 2009 in New York City.
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NEW YORK - NOVEMBER 22: Chairman of Citigroup Richard Parsons attends the opening night of ''Dreamgirls'' at The Apollo Theater on November 22, 2009 in New York City.
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Getty Images
NEW YORK - NOVEMBER 22: Chairman of Citigroup Richard Parsons attends the opening night of ''Dreamgirls'' at The Apollo Theater on November 22, 2009 in New York City.
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Getty Images
Google's Chairman and CEO Eric Schmidt (L) shakes hands with Richard Parsons (R), chairman-designate of Citigroup, prior to a speech by US President Barack Obama on his economic stimulus proposal from the East Room of the White House in Washington, DC, January 28, 2009.
View Photo »
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