MarthaSchwartz http://archive2.mrc.org/taxonomy/term/14809/all en 'Today' Slams Citi for Trying to Switch from Bonuses to Salary Hikes http://archive2.mrc.org/articles/today-slams-citi-trying-switch-bonuses-salary-hikes <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> <div class="field-item even"> <div class="field-label-inline"> By</div> <a href="/author/catherine-maggio">Catherine Maggio</a> </div> </div> </div> <p>Just last year the government claimed bailouts of major banks like CitiGroup were necessary to prevent economic collapse. But now that banks are turning a profit NBC is returning to attacks on pay.</p><p>A June 24 segment of “Today” attacked CitiGroup’s “internal discussions” to raise salaries (by 50 percent in some cases) and other major banks with footage from the 1987 movie “Wall Street,” AIG protest footage and an unemployed <st1:state w:st="on"><st1:place w:st="on">Michigan</st1:place></st1:state> woman.</p><p><a href="http://archive2.mrc.org/articles/today-slams-citi-trying-switch-bonuses-salary-hikes" target="_blank">read more</a></p> Articles MRC Business Business AIG Bailout bonuses BrianWilliams Citigroup compensation GordonGekko JeffreyHart JimCramer MainStreet MarthaSchwartz MelissaLee MeredithVieira pay TodayShow WallStreet Wed, 24 Jun 2009 20:10:24 +0000 admin 26728 at http://archive2.mrc.org