Citigroup bonuses: A simple solution

Updated

What's all the fuss about Citigroup (C) wanting to pay bonuses to top performers so that they don't abandon ship? Obviously you wouldn't want to lose employees that are bringing in big bucks. However, you don't need to take the money from the taxpayers for this.

The answer lies in the question. Simply take the money away from board members and senior managers on down, starting at the top, who are not bringing in noteworthy profits (a CEO bringing in TARP money doesn't count) and balance out the bloated payroll to the degree necessary to keep top staff.

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