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Citi CEO Pandit Caught In Double-Talk: Earns $10.8M After Telling Congress He Made $1M

By  Lagan Sebert on Mar 16, 2009

127 Comments

This piece was produced in conjunction with the Huffington Post:
"Citigroup Chief Executive Vikram Pandit received nearly $11 million of compensation in 2008. A month earlier, he testified to Congress that his compensation for 2008 was just $1 million."My compensation for the year 2008 was my salary, which was $1 million," he told the House Committee on Financial Services on February 11, failing to mention his sign-on and retention awards, as well as stock and option awards."

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