The line forms to the left!

Citigroup quelled a shareholder revolt on executive pay on Wednesday but told investors not to expect a quick winddown of its pile of toxic assets or a split of the sprawling banking group. More than 90 per cent of shareholders approved Citi’s executive pay scheme in a vote at the bank’s annual meeting, a year after more than 50 per cent of votes went against the company and six months after Vikram Pandit was ousted as chief executive.

About 20 protesters gathered outside the meeting at the Hilton Hotel on 6th Avenue in New York, chanting “Banks got bailed out; we got sold out”. While they mostly walked in a circle holding signs, one female protester skated by on roller blades, dressed in spandex, carrying a sign that read “bankers need a spanking”.

Citigroup sees off shareholder revolt on executive pay [FT]

13 comments (hidden to protect delicate sensibilities)
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Comments (13)

  1. Posted by Guest | April 24, 2013 at 12:56 PM

    yes, please.

  2. Posted by Guest | April 24, 2013 at 1:05 PM

    Can someone make up a press release about how Doubleline was bailed out?

    – Jeff G.

  3. Posted by Guest | April 24, 2013 at 1:28 PM

    Who's making sure she doesn't go for a ball grab?

  4. Posted by DingALing | April 24, 2013 at 1:35 PM

    Meredith Whitney can skate?

  5. Posted by Guest | April 24, 2013 at 1:44 PM

    Jeff-
    The poster read "spanked," not "impaled with a two-pronged dildo while 'Anal Avengers 12: The Return of Seymour Butts' plays in the background."

  6. Posted by Dieter's Monkey | April 24, 2013 at 2:04 PM

    "Upon being tipped off to the protester, Citi's board of directors coolly made their way to the elevator banks, proceeded to the first floor, and begged security to escort them to Roller Girl"

    Bloomberg

  7. Posted by ILoveLamp | April 24, 2013 at 2:17 PM

    Banker Spankers Hanker Rancor

    -NY Post

  8. Posted by Deleveraging | April 24, 2013 at 2:46 PM

    Considering her husband is a wrestler, skating would be a tame activity in that house.

  9. Posted by SEC | April 24, 2013 at 2:57 PM

    We'll be looking into this…..again and again and again.

  10. Posted by VonSloneker | April 24, 2013 at 4:21 PM

    I call shenannigans. No way Bess uses THAT picture for a story with spandex and spankings in the tags.

    – Guy who thinks outsourcing to Bessminda Ragoonanan in Dheli is a bridge to far

  11. Posted by Still Funny | April 24, 2013 at 10:16 PM

    But where are the investors' spankings?

  12. Posted by Mase | April 25, 2013 at 12:39 AM

    Doubleline had to finish songs back then, wasn't no nigga fuckin with his verses.

  13. Posted by binaryoptionsjt | April 25, 2013 at 4:39 AM

    The investors have to spank because it's their money taking a hit. Still, despite or maybe because all of this I believe Citibank stock is undervalued. I recently traded binary options CITI stock through http://www.binaryoptionsanalyst.com/ and my contract ended up expiring in the money. I'll hold on to my stock – JT