Lasted: 2 1/2 months (so far)
Steel, a veteran of the U.S. Treasury Department, couldn't keep Wachovia independent as investor fears over souring home loans reached near-panic proportions in late Sept. Citi was poised to buy Wachovia's banking operations until Oct. 3, when Wells Fargo swooped in and announced a deal to buy the bank for $15 billion. Citi isn't taking the rejection well: It immediately demanded that Wells and Wachovia terminate their deal. Whatever happens, Steel's time as commander of the nation's fourth-largest bank appears limited.
NEXT: Robert Willumstad