Wednesday, November 18, 2009

Citi raises salary of some seniors, Uncle Vik dissed

Citi substantially raised the salary of some executives, among them CFO John Gerspach as well as James Forese, but Unlce Vik did NOT get a raise and will be paid a base salary of $1.00 this year. The bank did not request a raise for him.

As Van Halen once said, "Right now, better turn this thing around."

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