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 Read More
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. Read More