Attitude of Gratitude… Really?
A couple weeks ago I read an article about Citigroup’s CEO having an Attitude of Gratitude to taxpayers of the U.S.A. Citigroup was one of the banks that received ‘bailout’ money from the government. The article starts off:
Citigroup’s CEO Vikram Pandit appeared before the congressional TARP watchdog Thursday and said American taxpayers still hold 27 percent of Citi’s common stock, and “we look forward to helping them realize value on that investment.” The bank, which he called “well capitalized,” owes American taxpayers “a large debt of gratitude.”
I am not sure how I feel about this. Any thoughts?
Be Well.
What I feel? The whole wall street is crooked! Eating taxpayer’s money and filling in their own pockets in the form of multi-million $ bonuses. If they were really grateful, they’d care about main street than wall street.. remember the lavish executive party of AIG after bailout? Citi is infact the most swept in red ink!
I agree, talk is cheap. If they are really grateful let them reform their business practices to treat their customers and the taxpayers fairly. Get rid of the culture of greed.
@Varun
Although I am not defending Wall Street, I feel that some of them are not crooked. I do think there are a lot of bad eggs, but there are still many, many people that earn an honest living on the Street.
@Marie
Many companies have a culture of making a profit. This is good! Going for Greed? That is bad! Thanks for posting.