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Charles Prince got $26 million for his performance as CEO of Citigroup (C). Over the course of the year, Citi’s stock did rise from $49 to $56.
So far in 2007, Citi’s stock is off over 12%. That is substantially more than the Dow, JP Morgan (JPM), of Bank of America (BAC).
Prince deserves another raise.
Douglas A. McIntyre
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