Vicky Gives Himself $1 Salary, Still Could Be Fired.

Even at a dollar a year, some people feel this man is overpaid.

Even at a dollar a year, some people feel this man is overpaid.

Poor Vicky.  He took the helm at Citi in December 2007.  Since then, the bank has tumbled, seeks rescue from the US government, and he’s given himself a $1 salary.

And they’re still thinking of canning him.

Apparently, the feds are pondering whether to replace Vicky if they take over 40% of the bank, but they aren’t sure if there’s anybody who could do the job.  Or even wants it.

Vicky pleaded with the government to not shit-can his entire executive team so he has a chance to turn things around:

“Don’t give up on us,” Mr. Pandit said,  “Give us a chance to execute.”

Fine.  But don’t you go throwing around that money all over the place.  You have work to do.

  • No one's gonna believe that crap. I too, think that he's getting more than what he deserves.

  • No one's gonna believe that crap. I too, think that he's getting more than what he deserves.