Thursday, Feb 12, 2009
A banker who got the message
Bloomberg: Citigroup’s Vikram Pandit to Take $1 Salary, No Bonus
Citigroup Inc. Chief Executive Officer Vikram Pandit said he will take a salary of $1 and no bonus until the bank, which has accepted $45 billion in government bailout money, returns to profitability.
Posted by mountain goat @ 12:06 PM (550 views) Add Comment
2 Comments
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1. paul said...
Well I've got around £40k in a savings account with them and last time the Bank of England cut their rate 0.50%, Citigroup cut their savers rate by 0.75%.
So the piggies are obviously not going hungry.
2. mdmick said...
Just a suggestion for Citibank.
Please work on your telephone customer service.
I will move my 20 pounds thirty pence money to whatever bank treats me efficiently in my limited lunch break time.