In May 2011 he was handed a monstrous $23,300,000 retention bonus.
This was just before the shit hit the global economic fan in 2008. But, children, let Your Mama give you the T on this bit of bizness: mixing and matching multiple patterns in a single space is a dangerous and potentially volatile decorative solution clearly not well-practiced by every nice-gay or lady decorator who makes use of the convention. Read Next: Coldplay Manager Dave Holmes, Sessilee Lopez Buy $13.5 Million Hidden Hills Mansion, Ari Emanuel Drops $27.5 Million on Grand Beverly Hills Estate, ‘Beloved’ Author Toni Morrison’s Lower Manhattan Loft Comes to Market, Roeg Sutherland Nabs Rare Windsor Square Midcentury Home. © Copyright 2020 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. (His 2009 salary was higher because he had already been paid part of his salary before he made the promise. Variety and the Flying V logos are trademarks of Variety Media, LLC. listing it in late January (2010) at $11,800,000, ‘Avengers’ Stars Encourage Fans to Vote Blue During Biden Fundraiser, Trump Cuts Short a '60 Minutes' Interview, Then Teases Lesley Stahl, ‘Fast and Furious’ Franchise to End With 11th Film, Justin Lin Directing, 'Willow' Sequel Series Officially a Go at Disney Plus, Jon M. Chu to Direct, Katy Perry, Orlando Bloom Buy $14.2 Million Montecito Compound, Jake Gyllenhaal to Star in HBO Limited Series ‘The Son;’ Denis Villeneuve, Jonathan Nolan, Lisa Joy to Produce, ‘The Vow’: What Happened to Keith Raniere, Allison Mack and Other Key Figures, Beastie Boys License a Song for an Ad for First Time Ever, for Joe Biden Spot Focused on Live Music Shutdown, Apple Launches 'Apple Music TV,' a 24-Hour Music Video Livestream, ‘The Old Guard’ Viewed By 78 Million Households in First Four Weeks, Says Netflix, ‘Willow’ Sequel Series Officially a Go at Disney Plus With Jon M. Chu to Direct, Disneyland to Reopen at 25% Capacity as Strict Guidelines Are Set, Netflix Misses Q3 Subscriber and Net Earnings Forecasts, Stock Falls, Brian Wilson Disavows Trump’s Beach Boys Benefit in California (EXCLUSIVE), Horror Maestro Larry Cohen’s Los Angeles Estate Gets a Slasher Discount, These Portable Monitors Let You Take an HD Screen Anywhere, Eddie Van Halen’s Signed Electric Guitars Are Heading to Auction, So You Might as Well Jump, NFL Turns to Digital Influencers in Fight to Win Over Young Fans, Review: Harman Kardon’s Citation Speakers Offer Big Wireless Sound for Small Spaces. The front door anchors one leg and the other has a (too-) prominent, two-car front-facing garage.Now children, we hate to nitpick but why, with all this land, the garage doors were not switched around to the backside of the house is a devilish residential design mystery Your Mama will likely never solve. He responded to the pounding criticism by re-setting his salary at just “$1 per year with no bonus until we return to profitability.” Fortunately for him and his pocketbook, Citigroup has recovered quickly and nicely and Mister Pandit’s base salary has been reset to just under two million clams per year. Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as a director. Vikram Pandit is not exactly leavingCitigroup a poor man: He received some $221.5 million in compensation and awards over the past five years. Other high-profile owner/residents of the mighty Beresford (and said to) include Diana Ross, John McEnroe, Jerry Seinfeld (who’s in Isaac Stern’s former apartment), actor Andrew McCarthy (whose former West Village townhouse is now owned by music exec Thomas Hesse and currently on the market for $5,250,000), Cosmopolitan magazine’s former queen bee Helen Gurley Brown. Vikram Pandit is not exactly leaving Citigroup a poor man: He received some $221.5 million in compensation and awards over the past five years. listing photos: Sotheyby’s International Realty. Listing information from the time shows the 10-room residence has (or then had) 20 windows with wide Central Park Views, a 30-foot long living room with wood-burning fireplace, and a total of 4 bedrooms and 4 bathrooms including a staff wing with servant’s hall, bedroom, bathroom and wine storage. Like many financial industry fat cats who own expensive and stately estates in Greenwich, Mister (and Missus) Pandit also maintain deluxe digs in New York City. At least we hope to high heaven most of the knick-knacks, paddy whacks and bric-a-bracs that made this house the Pandit’s home have already been removed because the existing anemic day-core shown in listing photographs just makes Your Mama sad and gassy.
SELLER: Vikram and Swati PanditLOCATION: Greenwich, CTPRICE: $4,300,000SIZE: 5,105 square feet, 6 bedrooms, 6.5 bathrooms. As best our boozy brain can extrapolate from the not completely clear property records, Mister Pandit and his low profile missus Swati picked up the pastoral mini-estate in May 1999 for $3,400,000. From the mid-1980s until sometime in 2005 Mister Pandit toiled lucratively for the financial services juggernaut Morgan Stanley.
Picture: Sothebys International, At the end of March, there were 38 houses listed for sale for between $4m and $5m, according to Prudential Connecticut Realty data.
Picture: Sothebys International, The $4.3m price tag is just 5pc more than Mr Pandit payed for the house around 11 years ago, Bloomberg News reported, citing the Greenwich property assessor's office. Furthermore, we can not and will not speak of the painting that depicts three hot air balloons that hangs over the sofa and we ask that the children please do not either. Citi took a $202m charge to close the hedge fund in early 2008 as the credit crisis escalated. Best Astrology Solutions by the Best Astrologer in Bangalore. Listing information points out the kitchen has an adjacent family room and the remainder of the main level includes (but may not be limited to) a play room, home office, mudroom, and main floor bedroom with bathroom suitable for guests, live-in family member(s), staff, and/or etc. Mister Pandit may not be a celebrity of the Tinseltown or Nashville variety, but in the high-finance world of Wall Street the man is indisputably a major (if controversial) player of the highest magnitude. $1 per year with no bonus until we return to profitability. Vikram Pandit's $18 million palace at the Beresford Citi's CEO bought the apartment in 2007 from the late Tony Randall. Vikram Pandit's $18 million palace at the Beresford Citi's CEO bought the apartment in 2007 from the late Tony Randall. Additional living space, as mentioned earlier, is provided above the doghouse-dormered two-car garage. Anyhoodles poodles, the interiors of Mister and Missus Pandit’s pad in Greenwich are not surprisingly and decidedly traditional, and possibly staid. Vikram Pandit, chief executive of US bank Citigroup who this week suffered the embarrassment of shareholders rejecting his pay plan, has put his house in Greenwich Connecticut up for sale for $4.3m. It’s really not so strange that Your Mama would adore a zany, mix-and-match pattern extravaganza. Vikram Pandit, chief executive of US bank Citigroup, has put his house in Greenwich, Connecticut up for sale for $4.3m (£2.7m). As fascinating a tale as Mister Pandit’s professional path may be let’s move on to what we’re here to discuss, a plush Greenwich, CT estate owned by Mister (and Missus) Pandit and currently listed with a $4,300,000 asking price. SELLER: Vikram and Swati Pandit LOCATION: Greenwich, CT PRICE: $4,300,000 SIZE: 5,105 square feet, 6 bedrooms, 6.5 bathrooms. Vikram Pandit, chief executive of US bank Citigroup who this week suffered the embarrassment of shareholders rejecting his pay plan, has put his house in Greenwich Connecticut up for sale for $4.3m. It wasn’t until the fall of 2007 that Mister (and Missus) Pandit opted to purchase a Manhattan residence that glitters and shimmers in a manner commensurate to their Wall Street wealth when property records and various reports from the time show the Pandits paid $17,850,000 to acquire the late actor Tony Randall’s sprawling full-floor corner residence at the legendary Beresford building on Central Park West.
Though much attention was given to his gracious offer to take $1 in salary in 2009, that actually only happened one year. Monthly maintenance at the time the Pandit’s purchased the apartment ran about $6,400.
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