considered a candidate for the job.

Pandit's ascension to the top job at Citigroup caps a remarkable Wall Street run for Pandit, who moved to New York from India at 16 to attend Columbia University. He eventually collected a doctorate in finance at Columbia and then took a job teaching at Indiana University in Bloomington.

"We assigned him problems we couldn't solve," said Rajnish Mehra, now a finance professor at the University of California, Santa Barbara, who served on Pandit's dissertation committee.

From Indiana University, Pandit joined Morgan Stanley as an investment banker and went on to head its institutional client division and was considered a potential heir to Phillip J. Purcell. But two years ago, he left that firm after being passed over for a promotion that would have putPolice release surveillance video in search of suspect in sex crime against boy

Port St. Lucie police released surveillance video Wednesday morning in connection with the sexual assault of a 12-year-old boy.Listen: Audio of 911 callA homeowner who did not want to be identified gave police the video from his surveillance camera.The boy was found Monday afternoon naked and screaming in the area of Northwest Brenda Circle and Northwest Wolverine Road.Watch surveillance videoPolice said a man lured the boy into the woods and molested him.The accused molester is a white man with short blackish hair whose face had not been shaved. He is about 5 feet, 6 inches tall and weighs about 215 pounds. He was last seen wearing a white shirt and greenish shorts.Also: Child found wandering gas