[Broker]

There is class of business executives that today can only be called “ROYALTY”. They are immune from Board oversight and unaccountable to stock holders. Citibank’s Chucky Prince is out off long island in his cigarette boat working out a severance deal. Will he beat O’Neil of MER or not? Who can forget Sir Todd Thompson who spent good money over Maria Barfalomo of CNBC? The aforementioned liability stats are uncomprehendably large. Yet all that institutional paper had a 5% plug for the sales guys who now like Chucky, want their year end bone us. ...vent...

[rebel_yell2]

Word today is Chucky gets $40 million of Citi shareholders’ money, after he has already screwed them out of half of their investment. Corporate governance in not working in America when the Boards of Directors of most corporations are puppets of the CEOs. So much for SarbOx.