Hi there,

For nearly 30 years, Democracy Now! has gone to where the silence is. Our reporting provides news you can’t find anywhere else and helps maintain an informed public, which is critical for a functioning democracy. Thanks to a group of generous donors, our TRIPLE MATCH has been extended through TONIGHT ONLY, which means your $15 gift is worth $45. Please donate today, so we can keep amplifying voices that refuse to be silent. Every dollar makes a difference. Thank you so much!

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Citigroup Shareholders Reject Massive Pay Package for CEO

HeadlineApr 18, 2012

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.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top