How's this for moral hazard.
| Author | Peters, Charles |
| Position | TILTING at windmills - Vikram Pandit and William Weldon - Brief article |
Speaking of overpaid corporate executives, did you know that Vikram Pandit received a total compensation of $42,815,263 as CEO of CitiCorp in 2011, even though his shareholders saw their returns fall by 44 percent? William Weldon, who was CEO of Johnson & Johnson until April of this year, presided over a series of recalls of "Tylenol, Benadryl, Motrin and Zyrtec as a result of such problems as metal shavings found in medicines, incorrect...
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