Matt Levine, Columnist

Maybe Citgo Has a New Board of Directors

The refiner's decision to ignore Nicolás Maduro and go along with Juan Guaidó's new board is pretty spectacular.

Replacing the old bosses with a new board.

Photographer: FEDERICO PARRA/AFP

This post originally appeared in Money Stuff.

How’s it going at Citgo Petroleum Corp., the U.S. subsidiary of Venezuelan state-owned oil company, Petróleos de Venezuela SA.