Yesterday Vikram Pandit resigned – or was fired, depending on the reports you read – as Citigroup CEO. All told he made over $425 million over the course of about five years (in salary and in proceeds of the sale of his hedge fund to the firm).
Here’s what shareholders got for their money:
Chart via BespokeInvest.com
I think it’s fair to say that Wall Street is one place that disproves the old adage, “you get what you pay for.”