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Real Estate & Property Law

: Housing Wire

Strapped for Capital, Citi Gets Creative

By DIANA GOLOBAY

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Faced with regulator pressure to secure $10bn in fresh capital, Citigroup (C: 3.31 +3.44%) is considering some creative pay alternatives for its employees. It’s also considering forcing shareholders to step up to the fund-raising initiative. Now Citi, which received $45bn in government aid through the Troubled Asset Relief Program (TARP), may pay more employees on a [...]

Full post as published by Housing Wire on May 05, 2009 (boomark / email).

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