Citigroup Has a Plan to Fatten Salaries [NY Times]

Union Calls on Morgan to Reverse Raises for Top Earners [WSJ]

Thrown into the shark tank on Wall Street [MarketWatch]

People

AIG Names Alain Karaoglan Senior Vice President-Divestiture [AIG via BW]

Former Citigroupers Cacorino, Chapey Launch Firm [StormHarbour Partners via BW]

Delafield Asset Management to Join Tocqueville Asset Management [Delafield - PDF]

Linda Vitaletti Joins Lowenhaupt Global Advisors [Lowenhaupt - PDF]

Dow Jones Newswires Adds Two Investment Banking Specialists to Editorial Staff [Dow Jones via PRN