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Banks' 2008 Stock Options Turning Out To Be Most Lucrative Payouts Ever

First Posted: 3/18/10 Updated: 5/25/11

The New York Times:

Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term performance. Within months, the financial system began to mend -- partly with the help of billions of dollars in government aid -- and that stock began surging in value. Some of it can be cashed in starting in just a few months.

Read the whole story: The New York Times

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Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term performance. Within months, the financial system bega...
Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term performance. Within months, the financial system bega...
Filed by T.J. Ortenzi  |