There is no indication that he or his family will starve, however, as his bonus was only cut $1.5m to $17m. His salary of $1m was unchanged.
Mr Weill's remuneration has moved downwards, in line with chiefs of other financial institutions after a tough 2001.
Citigroup Boss Takes Less
A Securities & Exchange Commission filing has revealed that Citigroup chief Sandy Weill took less out of the business last year than in 2000.
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