citiworker

Citigroup: We Never Learn

Citi was last to settle, because we were having bake sales at all the various sites to scrounge up the capital. Starting in NYC where executive compensation is so over the top for the ROI, baked goods were for invitation only leadership. We heard that the chocolate chip and cup cakes ran a whopping $100,000 per plate. Far higher than typical celebrity functions. But considering that $1.6 billion is 16 thousand MILLIONs, do the math on how many baked goods were needed. The annual meeting is 4/22 and hopefully the shareholders will vote the pitiful excuse for a Citi board of directors out on the street.