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CNBC's Kelly: Citi's Forese Informally Offered COO

Friday, 19 Oct 2012 | 3:55 PM ET

Confusion seems to be reigning over at Citigroup where CEO Vikram Pandit resigned unexpectedly earlier this week. CNBC's Kate Kelly reports Securities and Banking Chief James Forese was unofficially offered the President/COO title, but Forese is reluctant to the role.