Weill Pushes Fearsome Five Aside
By Graef Crystal
Las Vegas, March 9 -- Ten days ago, I lambasted five chief executives of large, publicly traded Wall Street firms for earning a total of $154 million in 2000.
Little did I know that three days later, I would discover that Citigroup Inc.'s Sanford Weill earned more than $215 million by my calculation. That's 40 percent more than all the members of the "Fearsome Five" pay list combined.
Or that Robert Rubin, Weill's consigliere, earned $54.5 million -- a figure 47 percent higher than the $37 million going to Morgan Stanley Dean Witter & Co.'s Philip Purcell, who topped the earlier list.
[Full text: http://www.bloomberg.com/feature/feature984155051.html]
Carl
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