Citis Pandit reaping rich rewards
Vikram Pandit, CEO of Citigroup, received $165.2 million when the company bought Old Lane, the hedge fund he co-founded.
Vikram Pandit, chief executive officer of Citigroup Inc. since December, received $165.2 million when the bank bought Old Lane LP, the hedge fund he co-founded, according to published reports.
Citigroup of New York paid $800 million for the fund.
Mr. Pandit reinvested $100.3 million back into a
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