Will Andrew Hall ultimately pocket the $100 million bonus he is contractually owed?

MMBinNCI think he will ultimately get the cash, but he may have to sue/depose Citi to get it. They have no valid legal reason for not honoring the contract. A similar situation happened to my father (different industry) and the judge said the company had no way to withhold the money from him. Citi will no doubt make up some BS reason for not paying him...But there are only two results from this...either he sues, gets the $, and leaves or he gets the money and stays. Wherever he goes alot of Phibro's talent will no doubt follow, Phibro will die, Citi will be destroyed because Phibro is propping up most of their profit. I don't see why Citi would not pay him, survival vs. losing face. The populist rage is still out there, showing us that that a lot of Americans hate what they don't understand. Citi is probably already hated and I doubt that this will ultimatly hurt their public image. But they will have to sell off units/take more money from the government if Hall leaves.

Awful lot of faith in our judicial system there MM. I used to believe in the rule of law, before the government started abrogating contracts and putting unsecured creditors ahead of senior secured bondholders. But, the people's will be done...