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The Biggest Paychecks In Finance 2009: See Who Was Paid The Most (PHOTOS)

First Posted: 04/14/10 06:12 AM ET   Updated: 05/25/11 04:30 PM ET

Who got the biggest pay package in finance this year? Chances are you've never heard of many of the top earners.

In a year marked by high unemployment, record foreclosures and the fallout of historic bailouts of the financial sector, bank pay became a constant concern for politicians, voters and Wall Street's army of PR reps and lobbyists.

Though much of the outrage was directed at Goldman Sachs and the riskiest of Wall Street banks, the biggest paydays went to relative unknowns. A Wall Street compensation consultant told the New York Times earlier this week that "there are probably thousands of people that are in the Millionaire Club -- or even the Ten Millionaire Club -- that have gotten no heat."

We've compiled a list of the biggest earners in finance this year, which factors in base salary and bonus pay. We've also included some high earners who aren't CEOs. Check out our list and vote for the least/most deserving below:

#13 Brian Moynihan, Bank of America CEO: About $6.1 million
 
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Who got the biggest pay package in finance this year? Chances are you've never heard of many of the top earners. In a year marked by high unemployment, record foreclosures and the fallout of hist...
Who got the biggest pay package in finance this year? Chances are you've never heard of many of the top earners. In a year marked by high unemployment, record foreclosures and the fallout of hist...
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HUFFPOST SUPER USER
Nathaniel Mills
12:21 AM on 02/16/2010
I'll have what they're having.
10:37 AM on 02/15/2010
hat tip to: http://bertreport.blogspot.com
08:36 AM on 02/15/2010
very soon I hope all will awake, please wake up
This user has chosen to opt out of the Badges program
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10:02 PM on 02/14/2010
They should just call this the outrage thread. I don't even want to know any more.
09:17 PM on 02/14/2010
Good reading: http://bertreport.blogspot.com
07:09 PM on 02/14/2010
Remember Libbies: envy is one of the Seven Deadlys!

If you want to make more money, join the producers and abandon the culture of entitlement and enslavement to the government!
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HUFFPOST SUPER USER
chelliza
07:50 PM on 02/14/2010
Join the producers of what? What do these CEOs produce? Do you really think that these corporations are going to let any of this money actually" trickle down"? The government can't stand up to them. They will continue to suck the money from Americans and when they have it all, they will fly off to their homes and businesses in other countries and continue from there. The middle class has been suffering for a long time, now that the upper middle class is joining them, we hear more about it. I have friends that were making 6 figure incomes only two years ago that are barely holding on now. Wealth doesn't trickle down, but poverty is trickling up. It will hit more and more, but only when it hits those like you will you take notice. It will, but it will be too late for anyone to do anything about it.
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10:02 PM on 02/14/2010
Do you always rely on stereotypes to do your thinking for you?
HUFFPOST SUPER USER
BlueDog1
"Taking the High Road"
12:32 PM on 02/14/2010
Well ain't this special, well at least they can't blame the Union's for this................................
04:33 PM on 02/21/2010
Unions have been killed. Welcome to Wester Zimbabwe.

Thank Reagan. Clinton and now, Obama.

Free Markets = Enslaved People
11:28 AM on 02/14/2010
Now we know what's in their wallets - and why it's not in mine.
07:20 AM on 02/14/2010
Let's see the top 13 movie stars and what they made. Selective rage, it's en vogue.
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HUFFPOST SUPER USER
chelliza
07:52 PM on 02/14/2010
They didn't make their money off of tax payers money. Even before the bailout, these people used other people's money to gamble with. They won for a while and pocketed the winnings. When they lost, the government bailed them out and now they're doing it again. Big difference.
08:32 PM on 02/14/2010
Selective justification is also very popular.
08:49 PM on 02/14/2010
Oh and BTW, unless Tim Geithner and a few other people in Obama's cabinet are the only people going to movies; move stars do make their money from taxpayers, LOLOLOLOLOL!
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HUFFPOST COMMUNITY MODERATOR
dawlishgal
10:18 AM on 02/15/2010
We have a choice to boycott movies of the highest paid if it makes any sense to us (and why should it?) , but at least they provide something...badly needed distractions from the corporations and their bought and paid for government that is working against this country and its future as a democracy.

Try not paying taxes that are used to continue two losing immoral wars and see where it gets you. Gotta support that war machine including Halliburton, Bechtel and Blackwater. How much do THEIR CEO's make for their so-called "patriotic" activity? Let's hear about that. Start with Cheney and Rumsfeld, who (coincidentally, yeah right) were CEOs of two of our biggest war profiteers, then named by a corrupt president for two of the highest positions in his administration, and BINGO, all of a sudden we are at war with a country that did nothing to us except have a lot of oil that we wanted.

Interesting...I have a Chase Visa card and am paying (I think ) 19% interest even though I always pay on time and pay more than the minimum. Now I understand the need for their usurious rates....two big money guys on the consumer/investor dole on this list...one from Chase and one from Visa. If I could check into hotels and rent cars without credit cards, mine would be cut up and in the trash.
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HUFFPOST SUPER USER
World Citizen
06:55 AM on 02/14/2010
I wasn't surprised at all with Ajay Banga. He was the head of CITICORP Asia Pacific then moved to Mastercard mid-2009.

It also didn't surprise me to read about Mastercard new dealings with CITICORP/Citibank before and after Banga's employment with Mastercard. Quid pro quo...
06:24 AM on 02/14/2010
Thanks for the pictures of our shadow government. These are the people the President and our lawmakers are working for.
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HUFFPOST SUPER USER
chelliza
07:54 PM on 02/14/2010
It started long before now. It started under Reagan and has continued to today. That was the whole trickle down theory. Give it all to the rich, weaken government so they couldn't touch them and then these noble people would do what is best so it would trickle down. Such an odd thing that people would actually believe that.
08:35 PM on 02/14/2010
Yeah it is stupid to believe there are smart people and stupid people and the smartest, hardest working people are the ones that have the money. Your class warfare is a losing battle. The rich will win every time. By the way if trickle down is not reality answer this question. Have you ever worked for a homeless person?
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02:42 AM on 02/14/2010
Here's a viewpoint from Fox:

http://video.foxnews.com/v/4012199/obama-and-wall-street/
06:16 AM on 02/14/2010
One minor detail was left out. These shareholders would not be able to pay any bonuses if the Federal Government did not rescue these entities with taxpayer (your) money. THEY WERE BROKE LAST YEAR IF IT WERE NOT FOR THE FEDERAL GOVERNMENT. WHAT PART OF THIS DO YOU NOT UNDERSTAND??????????????????? THESE BONUSES WERE NOT EARNED YOU IDIOT THEY WERE A GIFT FROM THE AMERICAN TAXPAYER!
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03:32 AM on 02/15/2010
I presented a link to what someone on Fox has to say, thinking some here might be interested.
You have no idea what my views on this are, none at all.
Calling you an idiot would be appropriate, but I'll be more specific and observe that your conclusion (that I'm an IDIOT!!!) is in no way supported by the information you have. Just bad thinking.
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HUFFPOST SUPER USER
munki
Global to Local now Local to Global
01:46 AM on 02/14/2010
The reality is... this is the reason why WE CANNOT compete with many other nations...

What do we have that they do not have?

Other than these siphon?

Oh well... REFORM...

Our system may be down the drain... sorry...
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HUFFPOST COMMUNITY MODERATOR
dawlishgal
10:32 AM on 02/15/2010
This is what else we don't have: validation of the principle that health care is a basic human right.

Why aren't people asking what are the effects on the international labor market of our being the only country where responsibility for health care of workers is dumped onto the backs of employers?. Everybody else in non-third world countries has it from their governments.

. I am sure that employers are happy to dump the responsibility and expense onto governments. Why wouldn't they take their jobs elsewhere because of this factor alone. Here (thanks a lot Bill and HIllary) we have neither jobs nor decent health care. Great plan...first NAFTA, then (maybe) health care reform. Whoooops, no health care reform. Where could a debacle like this happen except in a country with a government that is totally bought and paid for by big business? Plus a gullible and easily brainwashed populace who believe that poor people and unemployed people are the problem?

And how come no politician is asking this question? Why is it just ME, alone, who wonders about stuff like this.
01:25 AM on 02/14/2010
What is interesting is that these 13 people are just executives serving their shareholders. I wonder who are the top 13 families behind the scenes who actually are majority owners of those enterprises.
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HUFFPOST SUPER USER
munki
Global to Local now Local to Global
01:48 AM on 02/14/2010
they get stock options and sell them when price is right...

this means... the value of what they get today is not in the future...

so... 1 million could be 3 million...

What they are showing here is merely option value for stocks...
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HUFFPOST SUPER USER
chelliza
07:55 PM on 02/14/2010
but when selling those stocks, they only have to pay 15% tax instead of the income tax you and I have to pay.
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HUFFPOST SUPER USER
munki
Global to Local now Local to Global
01:50 AM on 02/14/2010
ooops to clarify...

option value, I meant by... option they got is valued at $10 a share today...

If they sell stock when it is at $30/share, the triple the profit...

Whatever is being said is UNDER estimated... most likely
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HUFFPOST SUPER USER
cookerman45
I love my wife!
10:33 PM on 02/13/2010
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born in a one room house, carlosgriffen was never able to think "outside the box"