Bank Bailout Congressional Video Part 3: Failed Bank CEOs Discuss Compensation. Pandit Thinks He's Special
Feb 12, 2009 at 10:53 AM
DailyBail in Bailout News, Bank Bailouts, Bank of America, Citigroup, TARP, Taxpayer Anger, Your Kids, bailout video, bank bonus, ceo knobs, crap sammy for taxpayers, federal bankruptcy, fucked taxpayer, pandit offers teacher an apple, taxpayer

Note to Vikram Pandit: taxpayers appreciate that you've reduced your compensation for this year, but drawing attention to the matter invites scrutiny. Thanks for the invitation.

You made almost $200 million in 2006 selling Old Lane Partners to Citi. That was a crap sammich. Citi paid $800 million for Old Lane which it closed down completely 18 months later.  The entire $800 million was taken as a loss. Taxpayers then bailed out Citi. Transitively, you owe us some cash, Vikram, about $165 million.  Next time, think before you raise your hand to impress teacher.

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