Citigroup Said to Give Managers 75% Free Fund Stake

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Dec. 21 (Bloomberg) -- Among Vikram Pandit’s last jobs as Citigroup’s CEO was to decide the fate of the bank’s hedge-fund unit, which employs some of his oldest colleagues. He agreed to give them most of it for free. Stephanie Ruhle reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)