We know everyone was really upset when Wall Street's finest testified in front of the Financial Crisis Inquiry Commission and Vikram Pandit was mysteriously missing. Today's events ought to make everyone feel better.
Pandit himself is taking center stage to tell Congress why he's so grateful for the government's help with Citigroup, and how he's going to try to avoid messing everything up for the bank in the future.
He won't issue a formal apology, but he does thank the government effusively for TARP, which spotted him $45 billion in aid. Taxpayers still own 27% of Citigroup, which began paying back the loans last December, so Vik knows he can't be too polarizing.
He's going to go head to head with Elizabeth Warren, the head of the Congressional Oversight Panel who's hell-bent on instituting a consumer protection financial watchdog and who also wants to break up big banks (like Citigroup, for instance).
Stay tuned for the results.