This excerpt taken from the C DEF 14A filed Mar 14, 2006.
Important Because Our Board Has a Record of Overcompensation
The Corporate Library (TCL) http://www.thecorporatelibrary.com/ a pro-investor research firm rated our company D in CEO Compensation $19 million.
The Chairman of our Compensation Committee was a CEO. CEOs seem to have a hard time saying no to one another according to The Corporate Library.
Citigroup is the subject of Pay for performance? You must be joking. published in The Corporate Librarys July 22, 2004 edition of Board Briefs.