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Muck tracker - Citigroup’s Pandit to take $1 salary until bank makes money

By Muckety

February 11, 2009 at 2:18pm

Citigroup Inc. Chief Executive Officer Vikram Pandit said he will take a salary of $1 and no bonus until the bank, which has accepted $45 billion in government bailout money, returns to profitability, reports Bloomberg News.

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