Search League Tables

Thursday, 24 July 2014

Pandit's new bonuses make mockery of $1 hair shirt

Money for Old Lane

The targets Citi's board has set for the CEO to rake in $16.7 mln or more are too soft and come on top of regular annual bonuses. Pandit deserves credit for steering Citi through the crisis while earning $1 a year. But this kind of easy money ought to be a thing of the past.



This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)