Pandit's Payoff, Dreaming of Wealth, Blankfein's Helping H...

Receiving Wide Coverage ...

Burying the News 101: It's a PR trick as old as Wall Street. If you're going to release ugly news, do it when nobody's watching. That appears to be the play Citigroup (NYSE:C) called late Friday when just before Veteran's Day weekend it disclosed that its recently ousted chief executive, Vikram Pandit, will receive $6.7 million in pay for 2012. That's on top of $8.8 million for 2011, bringing Pandit's two-year total...