Citigroup Still Paid Millions to Some Top Execs in 2009


Even though it's still on life support from the federal government, Citigroup (C) paid close to $9 million each to five top executives in 2009, according to a report in The Wall Street Journal on Wednesday. The pay packages were approved by the Obama administration's pay czar, Kenneth Feinberg, because the compensation was primarily in shares of stock that can't be sold immediately.