Citi board member and former Treasury Secretary Robert Rubin received over $100 million in compensation from Citi in 10-plus years, according to the New York Post.
"I don't feel responsible, in light of the facts as I knew them in my role," Rubin told the New York Times back in April. "In hindsight, there are a lot of things we'd do differently. But in the context of the facts as I knew them and my role, I'm inclined to think probably not."
Rubin is one of several directors, including current chairman Sir Win Bischoff, who've been on Citi's board for at least 10 years.
Not one of the directors has been fired, stepped down or even had the decency to apologize to shareholders or U.S. taxpayers.
There's billions of losses at Citi but no one willing to take any responsibility. And all the top brass are still getting paid mega-bucks.
There's something wrong with this picture...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment