2012-04-17 — nytimes.com
Citigroup's shareholders rejected the bank's plan to award its chief executive, Vikram S. Pandit, $15 million in compensation, in a show of frustration about Wall Street pay.
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Citi doesn't have to act on the vote, which isn't binding. Still, it speaks to shareholders' issues. Only 45 percent of shareholders supported the plan.
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