Posts tagged "Citigroup"

Outrageous public pensions

What would you think about the government cutting the paychecks of executives running those bailed-out banks to about, or even less than, what teachers earn? Make that what retired teachers receive in pensions. Most Americans probably would say, “Wow, what a great idea. Teachers deserve a lot more money. And those bozo executives should be... Read more »

So, taxpayers, what would you do?

A  Citigroup  trader that made the company billions of dollars is pressing the financial giant to honor a 2009 pay package that could total $100 million, setting the stage for a potential showdown between Citi and the government’s new pay czar, according to the Wall Street Journal Your initial reaction might be: “Outrageous!” Especially for... Read more »
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