In case you were wondering what the moderate Republican and former Citigroup chairman is up to these days, Bloomberg lets us know (hat tip: Dealbreaker): "Parsons, visiting his Il Palazzone vineyard [in Italy] to inaugurate a
cellar, said regulatory pressures will still be a challenge for
the new [Citigroup] management team. 'Externally, it’s still going to be tough,' said Parsons,
sipping a glass of his 2004 Brunello Riserva as he sat outside a
stone house set on an ancient trail from Frankfurt to Rome. 'To
some extent, the regulatory/political community is still almost
at war with the big banks.' Nelson Rockefeller introduced Parsons to fine wines. He
plans to turn the hobby into a profitable business by doubling
production of red wines that retail in the U.S. for as much as
$130 a bottle."
Dick Parsons Has Some Wine To Sell You
