Yesterday, the bank disclosed that it paid its CEO nearly $14.9 million in cash and options in 2011. That was up from a dollar the year before. Back in 2009, Pandit said he would take a salary of $1 until Citigroup returned to profitability. In fact, Pandit stuck with the meager check longer than he had to. Citi made money in 2010. So you can't really fault the guy for taking more this year.
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Now THAT is a raise.
Your math fucking sucks. That would be a 14.9 Billion % raise. 100% = $1 not 1% = $1.
1.49 billion % ??
Apologies gentlemen for not checking the math!!!! It will be the last time I assume a CNN Money reporter has any math skills.
it's ok to flub math on a casual online forum.... but a CNN Money reporter? post the link!
So question is...can he top THAT growth rate next year too?
LOL $1 = 1%...?
So... if my salary is 100k and i get a raise of $1, its a 1% raise?
... in this case $1 is 100% since Pandit's base salary was $1.
I know, i was being sarcastic...
^^ my bad i thought that was your signature.
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