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25 Oct 2009 09:52

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Biz: As bailed-out companies asked for money, execs got PAID in 2008

  • $18 million, on average, for Citigroup and Bank of America execs source
Posted by Ernie Smith • 2 Comments • Permalink

15 Oct 2009 10:32

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Biz: Goldman Sachs’ gains cancel out Citigroup’s losses

Posted by Ernie Smith • 0 Comments • Permalink

12 Oct 2009 20:32

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Biz: Citigroup didn’t keep its eyes on shady trading, gets punished

  • $600,000 fine for sucking source
Posted by Ernie Smith • 0 Comments • Permalink

29 Sep 2009 10:13

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Biz: Citigroup, Bank of America feeling the executive-pay squeeze

  • $45 billion amount each bank still owes the government in TARP bailout funds; hurry up and pay it
  • 100 workers at each company will face government scrutiny for their high compensation source
Posted by Ernie Smith • 0 Comments • Permalink

18 Sep 2009 11:51

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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
Posted by Ernie Smith • 0 Comments • Permalink
 
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