CitiGroup says two exempt from pay review »

Posted By Progressive 4 months, 2 weeks ago in Business & Finance

CHICAGO (Reuters) - Citigroup Inc says two of its traders are exempt from a government review of the bank's top executive pay packages, The New York Times reported on Saturday.

It cited "people involved in that process" who said CitiGroup told the U.S. Treasury Department that energy trader Andrew J. Hall, with a pay package of $98 million, and a second unidentified trader who was paid more than $30 million, were exempt from review.

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Progressive

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    mmrhe4 months, 2 weeks ago

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    Interesting that on a day where another story breaks about the richest Americans holding the largest percentage of income since 1917 this story appears about 'traders' wanting their $98 and $30 MILLION dollar contracts untouched by the feds.
    The rats in Wall Street need a reality check folks!

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