CEO Compensation
CEO Compensation Articles
According to The Washington Post, a compensation research firm has calculated that the bear market has put a lot of CEO options underwater. The paper says that “As of late last year, nearly 99...
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Andrew Cuomo spends most of his time running for the governor’s job in New York State. In his spare time he acts as Attorney General and will investigate and prosecute anything he can get his hands...
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The Wall Street Journal decided to give Merrill Lynch, now part of Bank of America (BAC) a hard time for paying some of its investment bankers and traders more than $10 million each last year. Is...
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If the government is going to force salary caps on banks, financial firms, and car companies that will get federal money, it needs to go further. The argument for limited pay at firms like banks is...
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There is a scene in the film classic "Casablanca" when Captain Renault, the head of the local police, finds out that there is gambling going on in the cafe owned by Humphrey Bogart’s character....
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Bank of America (BAC) is forcing a number of employees in its investment banking operation to defer their bonuses to 2010 and beyond. After all the trouble due to Merrill Lynch paying out bonuses...
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AIG (AIG) will make $450 million in payments to workers at it derivatives unit to make sure that they don’t leave. “I was extremely disappointed — but not surprised — to learn that AIG will...
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We have noted on more than one occasion that pension plans would be trouble in the future. It has been well known that city, county, and state pension plans are facing severe losses and are...
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Most of the CEOs at banks and investment houses are losing their bonuses this year, so what not let every employee at the firms share their pain? Even if they did nothing to deserve it? Some of them...
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John Thain of Merrill Lynch (MER) and John Mack of Morgan Stanley (MS) looked like men in hostage video tapes with guns held to their heads as they were forced to forgo their 2008 bonuses. It made...
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Richard Fuld, Chairman & CEO of what is left of Lehman Brothers Holdings (LEHMQ) is currently testifying before the House Oversight Committee. Fuld’s answers and demeanor today may offer some...
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Wall St. bonuses will be down sharply in 2008. One would hope so. Management at the lower tip of Manhattan has cost investors hundreds of billion of dollars in lost market cap in big banks and...
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If there is any sort of recession at all, the top hedge fund managers don’t know it. John Paulson and Phil Falcone of Harbinger each made as much as $2 billion last year. The top ten managers all...
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Just think about it. Stocks with multi-billion market caps down 40% this year. Merrill (MER) and Bear Stearns (BSC) are down about that much. Lehman (LEH) is down 20% and Morgan Stanley (MS) is down...
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Comcast (CMCSA) was all excited about its earnings. Revenue rose ot $7.4 billion and operating income to $1.3 billion. The dreaded "triple play" of voice, cable TV, and broadband did well. Cable...
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