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Citigroup Inc. Message Board

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  • markitcorrect markitcorrect Jul 27, 2009 2:47 PM Flag

    Nobody in their right mind would buy C

    Not 100 percent logical argument.... Yes, the $100M bonus should be halted immediately. The Pay Czar will review this prior to allowing ANY payment to this trader. If the trader doesn't like the results he should get another job. As a major stockholder in C, I say the guy gets stiffed. C is actually in pretty decent shape considering the company's been through the equivalent of three car-jackings and four muggings. The stock is at bottom and the company will rebound as BOFA has done. 12-month target is $10 - $12 a share.

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    • I completely disagree. As a stockholder you can sell your share if you don;t like the company. But this guy has a contract that both parties agreed to. Unless there is a clause in it that give C an out they should pay him the money. As for the pay czar, the government should not be allowed to determine the pay of anyone but government employees. And the TARP/conversion does not make C employees government employees.

      We cannot allow the current circumstances to become a reason to change our government, our rights as citizens, and out free enterprise system. The governmnet never mention pay when the TARP was forced on banks. They should shut up and let the free market take its course.

51.46-0.40(-0.77%)11:29 AMEDT

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