Top Citi Executives Decline Retention and Incentive Awards

" If Citi isn’t teetering on the edge of collapse, it certainly seems to be buckling down amid steep losses. The fact that Pandit and leading executives have decided to forgo bonuses and other incentives suggests some kind of acknowledgement that the capital just isn’t there anymore. It’s been argued by critics that the late-’90s merger, Citigroup had simply become too large to manage. "