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By Mike Taylor 9/24/10 8:13pm

Pandit-monium

Citi CEO Vikram Pandit Will Make More Than $1 Next Year!

Even as his company confronts a new legal onslaught from the Norwegians and settles an SEC lawsuit, Citigroup CEO Vikram Pandit has something to cheer about: He’s getting a raise from his $1 annual salary next year!

Citi chairman Richard Parsons said of Pandit, “He has worked tirelessly to put Citi back Read More

By Mike Taylor 7:02pm

You're Fired

SEC Expands Shareholder Power to Nominate Board Members

If you own stock in a company, you may very well have just gotten a lot more powerful. As expected, the Securities and Exchange Commission today used powers granted to it by the Dodd-Frank financial reform bill to change the rules governing how companies elect their directors, increasing shareholders’ power to effect change in coporate boardrooms.

The Read More

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