CEO Compensation

CEO Compensation Articles

SIRIUS XM Radio Inc. (NASDAQ: SIRI) has extended its contract with CEO Mel Karmazin.  Today, June 30, 2009, the company entered into an amendment to the amended employment agreement, dated November...
Reuters:   California raced to approve a state budget its cutting deficit. Reuters:   Ten more people may face charges in Madoff case. Reuters:   Gannett (GCI) is laying off 1,000 more people....
California has begun to issue IOUs to many state vendors as it grows cash on hand dwindles. The largest state in America as measured by GDP is up against a $24 billion deficit.
McDonald’s (MCD) is being accused of fudging SEC documents by failing to report all of the perks of one of its executives. This has led the press and other observers to ask whether the practice is...
John Mack of Morgan Stanley (MS) made sure that he had a large base salary for this year, even though his firm nearly fell apart last year. The management of Citigroup (C) also wants to do something...
by Jake Bernstein, ProPublica It is rare these days to see Bernard Madoff’s name in print unaccompanied by the word “Ponzi.” Yet recent allegations raise the possibility of one key difference...
Reuters:   The head of a Congressional watchdog committee is pushing for a consumer protection agency. Reuters:   China defended its export policies against a WTO complaint. Reuters:  ...
Goldman Sachs (GS) has now paid back the TARP funds which removes the firm from what it must consider the government’s most draconian pay restrictions, those applied to companies living on...
The Wall Street Journal, in a bit of investigative reporting, found that the CEOs of companies that have received federal bailout funds are still having fun using their firms’ private jets. Or, in...
Reuters:   Investors are putting money into emerging markets except Eastern Europe. Reuters:   Stanford will go to court for a $8 billion fraud allegation. Reuters:   RIM’s (RIMM) outlook...
Bank of America’s (BAC) addiction to giving its senior employees huge bonuses has not ended. These used to be based on “performance.” A banker who created toxic asset products that could be...
Wall St. firms and the large money center banks with investment and M&A arms have continued to insist that their best talent will head to private equity firms and hedge funds as opportunities for...
Reuters: The Supreme Court delays  Chrysler deal. Reuters:   The cleared ten banks to repay TARP include JPMorgan (JPM), Goldmand Sachs (GS), American Express (AXP), Cpaital One(COF), State Street...
The Administration is looking at further pay caps for executives on Wall St. and the auto industry. The reasoning is that if a company takes government money, the government should have a say in...
Antitrust officials have come up with an interesting application of the monopoly laws. They believe that large tech firms like Apple (AAPL), Google (GOOG), and Yahoo! (YHOO) conspired to keep down...