- Tue Nov 13, 2012 9:46 am
#14193
“Citigroup CEO Vikram Pandit was pushed out the door of his company in October after overseeing a precipitous decline in his bank’s value. Overall, Citigroup lost nearly 90 percent of its stock price during Pandit’s tenure. But that won’t stop Pandit from walking off with $6.7 million for his last year on the job. The company suffered a profit loss of 88 percent during the third quarter, when Pandit supposedly earned his ‘incentive award.’”
