2007-11-06 — nypost.com
"Governance experts said the brunt of the blame for Citigroup's problems and turmoil rests with its 13 directors, excluding Prince, who collectively earned $43.8 million in compensation last year."
Here is one of our favorite parts:
Robert Rubin - the board's key director who was named the chairman Sunday - unloaded the most stock. He sold $4.5 million worth of shares on Jan. 24, 2007, at $55.05 before shares collapsed.
Now that's the man for the job. Real corporate leaders these days need to cynically exploit the shares of the companies which they helm. No wonder Rubin was so qualified.
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