Citigroup to hike worker pay by up to 50%: NYT

WaveRider

Do you guys love this? You need to find a job in C, hopefully without being laid off. For those who still hope C can go back to $15, think again. Wall Street is stealing and robbing like there is no tomorrow. America overall is like AIG and C:

TOKYO (MarketWatch) -- Troubled banking giant Citigroup Inc. intends to raise its employees' base salaries by as much as 50% this year to offset smaller annual bonuses, the New York Times reported Tuesday, citing people with direct knowledge of the plan. The change would mean that most Citigroup employees will make as much money as they did in 2008, the report said. The firm also plans to award millions of new stock options to employees to retain workers and neutralize any drop in stock value, it said.

tape

sounds crazy