Citigroup's Historic Shareholder Vote Is Non-Binding
April 19, 2012 1:04:00 am
Update Required To play the media you will need to either update your browser to a recent version or update your Flash plugin.
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 University Law School professor Robert Jackson about the implications of the vote.
Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.