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

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

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.

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