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Thu April 19, 2012
Citigroup's Historic Shareholder Vote Is Non-Binding
Originally published on Thu April 19, 2012 3:10 am
At their annual meeting, Citigroup shareholders gave a no-confidence vote to a $15 million compensation package for the company's CEO. It's the first time this kind of vote has happened at a Wall Street firm. Lynn Neary talks to Columbia Law School professor Robert Jackson about the implications of the vote.