CEO Compensation
CEO Compensation Articles
The Wall Street Journal reports that five executives who left Citigroup (C) will not get the balance of their severance payments which total several million dollars. The reason behind the action is...
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Reuters: Global consumer confidence is improving. Reuters: GM (GM) filed for Chapter 11 and expects a quick exit. Reuters: Most US retailers probably had sales drop in May. Reuters: ...
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Reuters: GM (GM) is close to filing Chapter 11. Reuters: A poll of economists says the US recession will end soon followed by modest growth. Retuers: The mood of US consumers rose despite...
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Reuters: Magna and Fiat improved bids for Opel as competition for the firm rose. Reuters: The air cargo market, a key global indicator, has probably bottomed. Reuters: Banks are coming up...
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Reuters: The Treasury is keeping banks guessing about when they can repay TARP funds. Reuters: Bank of America (BAC) has raised more than $13 billion in share sales. Reuters: ...
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The federal government’s theory seems to be that capping the pay of the most talented people on Wall St. will not cause them to march out the doors to better jobs at small firms or foreign banks....
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Citigroup (C) has gone to the Treasury to beg for bonuses for some of its most important traders, people who make the banks extraordinary amounts of money. The Treasury’s reaction will probably be...
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Jefferies Group Inc. (NYSE: JEF) has started to be viewed as one of Wall Street’s beneficiaries of all the financial turmoil. It isn’t that the company is immune to the woes of the market. Our...
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One alternative path to firing people used by some companies is to freeze the pay of employees. In some cases firms have such tremendous revenue problems that they lay off people and cap the pay...
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The people in a perfect society should all earn nothing, or alternatively, should all earn the same amount, depending on the interpretation of the most important Communist manifestos. The exception...
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Did you think that American International Group Inc. (NYSE: AIG) was a cluster-something on the bonus front? The ‘retention’ bonuses of some $210 million that Fannie Mae (NYSE: FNM) and Freddie...
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If you thought that lavish spending was over on Wall Street, there is going to be a new point of outrage this morning for all the whiners. Citigroup Inc. (NYSE: C) is spending roughly $10 million...
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In a letter from NYS Attorney General Andrew Cuomo to Rep Barney Frank, the AG’s office disclosed the results of its investigation of the amount of money paid to certain AIG (AIG) employees as...
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It looks like “All Fools Day” will come early on Wall St. this year. Several banks are going to try to raise the base salaries of key employees to dodge the federal government’s mandate to cut...
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President Obama has asked Treasury Secretary Tim Geithner to look at compensation being paid to AIG (AIG) employees for work done in 2008 and to pursue “every legal avenue to block these bonuses...
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