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Citigroup CEO Caught in Lie?

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Uploaded by on Mar 16, 2009

On March 16, 2009, Reuters reported Citigroup CEO Vikram Pandit received $10.82 million of compensation in 2008.
Yet, one month earlier, Pandit told a congressional committee he received only $1 million.

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  • Are you stupid? He asked for the salary, not the compensation. Salary was $1 million while there were bonuses and stock options valued at close to $10 million. And either way, that's not as much as others are getting.

    Also, as of a few months ago, he is only getting paid $1 until Citi returns to profitability, so stop complaining.

  • This is how AMERICA works? ALL of CITI top brass should be Jailed.....

    Any Taxpayer that owes them Money, CLEAR their Balance as PAID IN FULL

    BY WE THE PEOPLE!!!!

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  • Ill challenge ANYONE who thinks he lied!!!! All I need is one reply and youll lose! LOL

  • @iamgodlewski

    0:31

    "How much in bonuses or other financial consideration did you receive?"

    "On March 16 2009 Reuters reported Citigroup CEO Vikram Pandit received $10.82 million of compensation in 2008

    Yet, one month earlier, Pandit told a congressional committee he received only $1 million"

    Not only is Vikram Pandit a liar, but "iamgodlewski" is as well.

    He specifically asked for SALARY, BONUSES, and OTHER FINANCIAL CONSIDERATION

    Pandit also said he received NOTHING in bonus.

    0:31

  • Every CEO should be taxed at 90% of their income after 250K!  Thanks a lot Bush for screwing up 8 years and gambling away all our money on your stupid wars!

  • @scottj1988 was thinking the same thing

  • awww he offered to take a dollar after earning 1 million in one year..lol..that didnt count the other hundred million he made after that...lol.those guys suck.

  • Without the bailout, the American economy would have collapsed. It' was a necessary evil

  • I'm not an American, but if I lived in the US I would be pissed off knowing my tax dollars (the bailouts are used to make these corporate snobs richerIn 2008, even if U had put highschool students on the board of citigroup just by sheer luck they would have generated just as good result. Thta's complete BS, paying these CEO million and justifying tto retain top talent. Top talent my a**.

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