The $100 Million Dollar Bonus

Andrew J. Hall, at the commodities trading firm Philbro, is entitled to a $100 million bonus due to his successful trading in oil. However, there may be an issue with him getting paid, since his contract is with Citigroup (C) which trades on the NYSE, a bank that has received government bailout funds. This in spite of the fact that he generated $2 billion in trading profits for Citigroup over the last five years. During the 1970's, Philbro was where Marc Rich worked, the billionaire who was pardoned by President Bill Clinton.

Comments

Post a Comment

Popular posts from this blog

Top 10 Private Islands

Image
Tips for buying a private island: 1. Make sure you actually visit the island, don't just be an armchair buyer. 2. If possible, rent the island for a week or two, so that you find out what island living is really about. 3. Check out accessibility. How difficult or easy is it to get to the island? How close can you get your yacht to the island? 4. Find out if there are governmental restrictions on buying or building on the island, especially if you are a foreigner. 5. How far do you have to go to get provisions? 6. Determine what communications capabilities you have. Cellphone service? Satellite? Here are ten islands worth checking out: Great Hans Lollik and Little Hans Lollik Islands, $45,000,000, over 500 acres, off of St. Thomas,Virgin Islands, part of the United States. Offered by Vladi Private Islands . Unnamed Bora Bora island, $40,000,000, in the French Polynesia. Offered by Coldwell Banker Morrisons Private Islands . Cerralvo Island, 35,000,000, approximately 35,000 acres, of
Read more

BillionairesLife.com 2020 Christmas Gift List

Image
 You have a few days left to do your gift shopping. Here is a list of gifts for the billionaire who has everything. Buy them now before they are gone. Submarine Sports Car How would you like to drive a zero emissions vehicle that you can drive on land or underwater, offered by  Hammacher Schlemmer .  Price: $2,000,000 Hammacher Schlemmer 007 Aston Martin DBS Superleggera Designed by Daniel Craig This blue Aston Martin automobile has a powerful twin-turbo 5.2-liter V12 engine, and is being offered by  Neiman Marcus . The famous 007, Daniel Craig, custom designed the car. Oh yeah; they will throw in an Omega limited edition platinum watch as part of the deal. Price: $700,007 Neiman Marcus A  Home for  Half a Billion Dollars If you are looking to move up to a larger house, The One should make the perfect home. This 100,000 square foot home in Bel Air, California has four swimming pools, a bowling alley, and a nightclub. For more info about this one of a kind property, contact The Society
Read more

BillionairesLife.com 2019 Christmas Gift List

Image
You have a couple weeks left to do your gift shopping. Here is a list of gifts for the billionaire who has everything. Buy them now before they are gone. 007 Aston Martin DBS Superleggera Designed by Daniel Craig This blue Aston Martin automobile has a powerful twin-turbo 5.2-liter V12 engine, and is being offered by Neiman Marcus . The famous 007, Daniel Craig, custom designed the car. Oh yeah; they will throw in an Omega limited edition platinum watch as part of the deal, and of course two free tickets to the latest James Bond movie. Price: $700,007 Neiman Marcus Submarine Sports Car How would you like to drive a zero emissions vehicle that you and drive on land or underwater. This car is offered by Hammacher Schlemmer . Price: $2,000,000 Hammacher Schlemmer Amoro 18k White Gold Colombian Emerald and Diamond Ring  For the special woman in your life, a perfect gift would be an  Amoro 18k White Gold Colombian Emerald and Diamond Ring  which includes a
Read more