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Sunday, November 08th, 2009

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Posts Tagged ‘ corporate bonuses ’

Top Citi Executives to Forgo 2008 Bonuses, Reports State

Jan 5th, 2009 | By William Patalon III | Category: Financial News

Citigroup Inc. (C) Chief Executive Officer Vikram Pandit and Chairman Winfried Bischoff will forgo 2008 bonuses after the bank lost three-quarters of its market value and got a $45 billion U.S. bailout, Pandit said in a memo to employees.

Tags: Bailout Plan, CAT, corporate bonuses, GS, MS, US Banking, William Patalon III
Posted in Financial News | No Comments »

U.S. CEOs Could Learn From Their Asian Counterparts

Dec 23rd, 2008 | By Keith Fitz-Gerald | Category: Financial News

Judging from recent reports that JP Morgan Chase & Co. (JPM) Chief Executive Jamie Dimon and Citigroup Inc. (C) board member Robert W. Rubin will forgo bonuses this year, it appears that at least some U.S. executives are starting to change their habits, as we’ve long suggested they should.

Tags: automaker CEO's, CAT, Citigroup, COF, corporate bonuses, Gm, Haruka Nishimatsu, JALSY, Jamie Dimon, JP Morgan Chase, JPM, Keith Fitz-Gerald, Robert W. Rubin
Posted in Financial News | No Comments »

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