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Citigroup Said to Raise Salary for Employees by as Much as 50%

Citigroup Inc., the bank that got $45 billion in U.S. rescue funds, will raise base salaries by as much as 50 percent to help compensate for a reduction in annual bonuses, a person familiar with the plan said.

Tags: economy

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1

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by rodeox

31 months ago

Ridiculous!

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