Citigroup's Historic Shareholder Vote Is Non-Binding

Apr 19, 2012
Originally published on April 19, 2012 3:10 am

At their annual meeting, Citigroup shareholders gave a no-confidence vote to a $15 million compensation package for the company's CEO. It's the first time this kind of vote has happened at a Wall Street firm. Lynn Neary talks to Columbia Law School professor Robert Jackson about the implications of the vote.