Posted inEconomics

21 CEOs With $100 Million Golden Parachutes

But people are realizing it. See…

Citigroup Shareholders Reject Massive Pay Package for CEO

As protesters rallied against income inequality, shareholders of the banking giant Citigroup held a landmark vote rejecting a $15 million payday for chief executive Vikram Pandit. It’s the first time stock owners at a financial sector titan have united to vote down a massive compensation package for an executive. A principal at a firm controlling five million Citigroup shares told the New York Times, “CEOs deserve good pay — but there’s good pay and there’s obscene pay.”

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