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Citigroup CEO Pandit to Get $80M From Old Lane Sale
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Citigroup CEO Pandit to Get $80M From Old Lane Sale
Citigroup Inc. Chief Executive Officer Vikram Pandit, who took a $1 salary after his bank received the most taxpayer assistance of any U.S. lender, is poised to collect $80 million from other payments and awards that may eventually total more than $200 million.   Pandit will get the $80 million from Citigroup’s purchase of his Old Lane Partners LP hedge fund, according to regulatory filings. Deirdre Bolton reports in today’s Movers and Shakers on Bloomberg Television's "InsideTrack."
Video Length: 0
Date Found: July 01, 2011
Date Produced: July 01, 2011
View Count: 0
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