News

Tax Relief for Record Year of Natural Disasters

The recent string of tornadoes that tore through 10 states, killing dozens of people and flattening neighborhoods, capped a string of natural disasters that seems almost biblical in proportion.

A Tough Bonus Season Looms for Wall Street and New York

The fiscal downturn has hit Wall Street executives where it hurts most --their wallets -- and locales dependent upon their income rank as collateral damage.

Citigroup CEO Vikram Pandit Receives Total Compensation of $14.9 Million for 2011

Citigroup Inc. Chief Executive Vikram Pandit received a total compensation of $14.9 million for 2011, which includes salary, cash bonus and deferred stock.