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Posted on September 18, 2009 | tags

 
 

Biz: Question to Citigroup CEO: Is an employee’s $100 million salary too much?

  • You can bet he answered yes. Vikram Pandit of Citigroup admits that they’re probably paying too much to Andrew Hall, that trader who lives in a castle thanks to his massive salary. Wouldn’t it have been funny if Pandit said, “No, we’re not paying too much to a single guy!”? Man, the bailed-out company would be hearing it for months. source