Tag Archive | "board-had"

FYI, Vikram Pandit Chose Not To Take A Salary Of More Than $1, Again

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Earlier we mentioned that after getting his hopes up vis-a-vis earning more than a buck a year, the Citi board had decided its commander in chief would not get a raise from his current salary. Such is not the case.

The part about the $1/year is true. But, a spokeswoman for Citi tells us, it was Vikram’s choice. The board wanted to toss him a few more bones and he refused. Just the kinda guy he is.



Article courtesy of Dealbreaker

3Par Sags; Still Above HP’s Bid; Waiting For Dell’s Next Move

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3Par (PAR) shares are sagging this morning while the Street awaits a response from Dell (DELL) to Hewlett-Packard’s (HPQ) $30-a-share offer. According to Reuters, Dell said Sunday that its board is assessing its response. Late Friday, 3Par said its board had decided that HP has made the superior proposal, which [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Google Announces $3 Billion Commercial Paper Program

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Google (GOOG) this afternoon said its board had authorized the issuance of up to $3 billion in debt financing through the issuance of commercial paper. The company also said that in connection with that program, it established a $3 billion revolving credit facility.
Proceeds from the program will be used for [...]

Article courtesy of BARRONS.com: Tech Trader Daily