CEO Compensation
CEO Compensation Articles
The Fed made hundreds of billions of dollars in short term loans to banks. It was necessary, in the opinion of the agency, to do that to preserve the financial system as we have known it for decades....
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The thoughts of restricting the pay packages of the CEOs of public companies may be in the air, but new data on chief executive compensation show that boards of directors are not taking any of it...
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Pressure from the government may be forcing Citigroup’s (C) hand. Its Phibro energy group has generated $2 billion in profit over the last five years, but it has cost the bank in compensation...
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Bank of America (BAC) announced that it would buy Merrill Lynch for $50 billion on September 15 of last year. It was one of the largest M&A transactions in the American banking industry, but to...
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Bank of America (BAC) got off with a $33 million fine “to settle charges that it made false and misleading statements” about bonuses paid to Merrill Lynch employees. The case what brought by the...
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The inclination of the Administration’s “pay czar” will be to pressure Citigroup (C) not to pay $100 million due to the head of its Phibro energy trading unit. The amount is an embarrassment...
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Andrew Cuomo, who is running for governor of New York State without having announced it, is denouncing Wall St. because of its big pay packages while in his current role as state attorney general....
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According to The Wall Street Journal, the head of the Citigroup (C) energy trading unit has a contract that could bring him as much as $100 million in compensation this year. The government’s new...
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Reuters: Microsoft (MSFT) is putting more R&D in India. Reuters: CIT (CIT) confirmed that it rasied $3 billion. Reuters: Bernanke said Fed can control inflation. Reuters: ...
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Reuters: CIT (CIT) may be close to bankruptcy. Reuters: China GDP rose 7.9%. Reuters: Foreclosures hit a record in the first half of 2009. Reuters: Obama pressed Congress on a...
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Goldman Sachs (GS) has a tin ear. It cannot hear or wishes to ignore the tremendous bad publicity that has come from news that it will pay out record bonuses this year. It will pay those bonuses...
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Reuters: Riots in China show the nation is in flux. Reuters: The US is considering mortgage aid for the unemployed. Reuters: The June budget gap was $94 billion. Reuters: Rattner...
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AIG (AIG) wants to pay a number of its “key” employees as much as $235 million. Most of the bonuses are meant to retain these people. The Washington Post reports that the reason behind the...
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Goldman Sachs (GS) recently said that media reports that its employees would make huge sums based on the firm’s 2009 earnings were not true. It turns out that they probably are. In an article in...
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Reuters: California declared a financial emergency. Reuters: An SEC attorney raised concern about a Madoff report in 2004. Reuters: Auto parts supplier Lear filed for bankruptcy....
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