Citi chairman Parsons considers stepping down: report

Lets see now. Parsons came on board as a Citi director in 1996. Wait a minute, I need to sharpen my pencil so I can do some calculations. OK, I'm ready. Now where was I? Oh yea. Parsons started his gig with Citi in 1996. Now we all know, Directors don't start out with minimum wage when they're hired. Shall we say, for conjecture sake, that he probably danced through those years with an annual income of a couple million plus bennies. Even those years when Citi was selfdestructing and destroying its common shareholders? I would say that's a fair estimate. So now let's get to the meaty stuff. Like, how much is Citi corporate going to bestow upon Parsons for his retirement package? We know, considering Citi's current sorry state, that Parsons could in no way be nominated 'Employee of the Year'. But, since he is an insider with the corpoorate greed crowd, and since they take very good care of each other, I'm guessing he walks away with a retirement package worth at least $50 million dollars and a long laundry list of benefits. Anybody else care to make a guess? Now lets all of us common shareholders bid Mr. Parsons a fond farewell and compliment him for his excellent job in gaming the system. I think I'll go back to the kitchen now and pour another cup of coffee. Everybody have a nice day.

stabilized aol time warner? he drove that company in the ground. anyone who knows wall street banks, understands that citi is one of the most mismanaged. the only thing mr. parsons is good at is making good with the government because of his race. affirmative action needs to be stopped immediately.

Richard Parsons, please don't let the credit card hit you in the butt on your way out;(

'Locate' the $1,200,000,000 billion in MF Global unsegregated client money, then quit.

step down or don't step down. what the @!#$ do i care!

he realizes the game is almost over. citi should've gone bankrupt 4 years ago.

and take lots of money with him

Affirmative action was a failure. Repeal.

With his parachute, why bother with, Citi...LOL!

Yeah all them new banking regulations are making it harder to steal, better quit while you're ahead....

I know for a fact that CitiMirtgage foreclosures are being investigated for "questionable foreclosures, don't let this sucker escape before any investigation is complete.

better to take the money now and run before they cut off your golden parachutes...

He deserves a 50 Million Package to leave, thanks Mr Chairman for your efforts!

America Online needs to be raided they have nothing to offer expect chat room for hookups. Many of the Stock Brokers use those chatroom to pass along info about trades their companys are making and to churn stocks for the ignorant small time investors.

Take off his golden parachute, and push him out of an airplane.

He is a fool to telegraph he is about to cut and run he knows Obamas new investigation group is going to charge him soon. I can not wait until the people that caused this mess gets what is coming hopefully this time around we will learn the great depression and the george bush depression was caused by unregulated capitalism and pure greed.

jerkoffs

now if an inditment follows, that would be great

"focus on other interests", like his golden parachute.

Citi Group is owned by a prince from another country go ahead America continue to fund other countries, they need to close down citi group ...also can't we call all call the banks that have not paid bill out money back to the American tax payers. Citi bank hounds home owners for mortgage payments why cant we call them and hound them to pay back all that bail out money. Citi bank owes millions in bail out money. When they hire whom ever please start calling him or her to pay back monies owned to US..

What? The pillage bonus too small this year?