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Old 06-24-2009, 05:11 AM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,683,592 times
Reputation: 3587

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Citibank- which is on government "welfare"- is giving 50% raises to the fat cats! When was the last time YOU got such a raise? You are more likely to get a CUT or even a pink slip.

Citigroup Raising Salaries As Much As 50%
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Old 06-24-2009, 05:23 AM
 
Location: Londonderry, NH
41,478 posts, read 59,586,671 times
Reputation: 24857
Why are you surprised? These are very special people. They need to have the money they lost in their speculating replaced. Citibank executives cannot afford to lose their status amongst the rest of the thieves.

They, along with the rest of their clan, should have been jailed for grand theft, not given bonuses.
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Old 06-24-2009, 05:36 AM
 
Location: Irvine, CA to Keller, TX
4,829 posts, read 6,911,794 times
Reputation: 844
Quote:
Originally Posted by KevK View Post
Citibank- which is on government "welfare"- is giving 50% raises to the fat cats! When was the last time YOU got such a raise? You are more likely to get a CUT or even a pink slip.

Citigroup Raising Salaries As Much As 50%
Obama=Bush No hope and change there.
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Old 06-24-2009, 05:43 AM
 
Location: Western, Colorado
1,599 posts, read 3,108,404 times
Reputation: 958
Quote:
Originally Posted by Soccersupporter View Post
Obama=Bush No hope and change there.
+1

Barack W. Bush.
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Old 06-24-2009, 05:55 AM
 
Location: Londonderry, NH
41,478 posts, read 59,586,671 times
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If President Obama somehow developed the power to limit executive compensation to some reasonable multiple of the minimum wage all the conservatives on this board would be having a collective fit about the destruction of "Capitalism".

We could effectively control the “fat cats” pay by reinstituting a real progressive income tax on all income from all sources. I do not think Citibank executives would be giving millions to themselves if 90% of it would go to the government as income tax.
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Old 06-24-2009, 05:56 AM
 
Location: somewhere in the woods
16,880 posts, read 15,148,145 times
Reputation: 5239
Quote:
Originally Posted by KevK View Post
Citibank- which is on government "welfare"- is giving 50% raises to the fat cats! When was the last time YOU got such a raise? You are more likely to get a CUT or even a pink slip.

Citigroup Raising Salaries As Much As 50%

strange, seems like every year politicians get a nice fat raise, and i dont see many republicans or democrats complaining about them getting a raise.

at least with the bankers, they earned their raises, politicians just get their raises paid for with taxpayer money.
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Old 06-24-2009, 05:58 AM
 
5,762 posts, read 11,602,946 times
Reputation: 3869
Quote:
at least with the bankers, they earned their raises
You mean, they were clever enough to bribe enough politicians to ensure that their losses were socialized and their gains were privatized... yes, I guess that probably took some work, didn't it...
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Old 06-24-2009, 06:13 AM
 
Location: Unperson Everyman Land
38,611 posts, read 26,251,744 times
Reputation: 12633
Quote:
Originally Posted by KevK View Post
Citibank- which is on government "welfare"- is giving 50% raises to the fat cats! When was the last time YOU got such a raise? You are more likely to get a CUT or even a pink slip.

Citigroup Raising Salaries As Much As 50%

Citigroup contributed heavily to the 2008 Obama campaign. No one will get fired and this will continue. One hand washes the other and we get the bill when they're all done.

Citigroup Inc $657,268

Top Contributors to Barack Obama | OpenSecrets
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Old 06-24-2009, 06:17 AM
 
Location: Fort Myers Fl
2,305 posts, read 3,020,265 times
Reputation: 921
Quote:
Originally Posted by KevK View Post
Citibank- which is on government "welfare"- is giving 50% raises to the fat cats! When was the last time YOU got such a raise? You are more likely to get a CUT or even a pink slip.

Citigroup Raising Salaries As Much As 50%
Instead of being a typical american and just complaining about it what do you suggest be done? Maybe you could go there and run the bank.
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Old 06-24-2009, 06:53 AM
 
Location: Raleigh, NC
20,054 posts, read 18,227,240 times
Reputation: 3826
Goldman Sachs' traders got some pretty fat raises, but even NPR correspondents were suggesting they were likely well earned.
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