Today, Vikram Pandit, CEO of Citigroup, said in front of the House Financial Services Committee that he would work for a $1 salary and no bonus (at least until Citi returned to profitability). Well, I'm glad now that I can say I earn more than the CEO of a (what was once) top bank. Somehow, I feel like I can use that to overstate my salary when I pick up girls at bars...
Also of interest, John Mack, CEO of Morgan Stanley, at the hearing said, "We love what we do. If you gave me no bonus in the best year I will still be here." Really.
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- Wine Trader
- Drinking, trading, coding. Permute and combine.
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