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Citi Nabs A New Hire – With Taxpayer Money – US-FOREX.US
Citigroup is flexing its muscles in the marketplace-using taxpayer money. Citi has hired Dan Petherick, an equity derivatives salesman, from Morgan Stanley, offering Petherick a guaranteed bonus to join the embattled bank, say people familiar with the situation. Citigroup has been a big recipient of taxpayer funds-45 billion and counting.The size of Petherick’s guarantee couldn’t… »