Salary Increases for Citigroup Advisors?

Well, not necessarily if you check out the fine print…remember, the “special master” Kenneth Feinberg, oversees compensation for companies receiving the most government support, and Citigroup is one of those.

He can reject pay plans he deems excessive and review compensation for the top 100 salaried employees at these firms.

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FDIC To Name Top Position at Citi?

Citigroup TARP funds Well, why should I be surprised? Have heard and seen it all now.

On Friday, June 5, Reuters’ Bangalore reporter Ajay Kamalakaran, reported that the FDIC was looking to replace Citigroup’s CEO Pandit with former U.S. Bancorp Chief Exec Grundhofer, who recently joined Citigroup’s board.

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