PHOENIX — Federal Reserve Chairman Ben Bernanke on Friday called for banking supervisors to pay "close attention" to compensation practices as t...
HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011
Rep. Barney Frank's Financial Services Committee will take up a new bill next week to ban bonuses at any companies benefiting from federal bailout fun...
Arianna Huffington | Posted 05.25.2011
The mystery over who killed a provision in the stimulus package that would have curtailed bonuses at bailed out companies is a disturbing D.C. whodunit. But even more disturbing is what it reveals about how our government is run.
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
The question of who killed a provision that could have reined in lavish bonuses issued by bailout recipients remains a mystery, with key players eithe...
Jonathan Richards | Posted 05.25.2011
The bonuses may seem greedy, but look what quality stuff they're producing! ...
247wallst.com | Posted 05.25.2011
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 we...
Wall Street Journal/HuffPost | Posted 05.25.2011
Update 4:40pm EST: Morgan Stanley's CEO John Mack has announced that he will not be getting a bonus for the second year in a row: Morgan Stanley C...
Bloomberg | Posted 05.25.2011
Goldman Sachs Group Inc., the firm that set a record for Wall Street pay last year, became the first U.S. bank to scrap 2008 bonuses for senior office...
Business Sheet | Kamelia Angelova | Posted 05.25.2011
Eat, drink, and be merry -- someone will bail you out. After the humiliation of haggling over bailouts, there comes the post-bailout party. Staff of ...
Clusterstock | Henry Blodget | Posted 05.25.2011
U.S. taxpayers have suddenly noticed where much of the first tranche of the Wall Street bailout is going. Bloomberg's Christine Harper talks to the pe...
New York Post | Posted 05.25.2011
Indeed, sources said some Wall Streeters will see their bonuses shrink by 25 percent to 40 percent, while others are set to get zilch when year-end pa...
Posted 05.25.2011
Below is the text of a letter sent on October 28, 2008 from Rep. Henry Waxman, chairman of the Committee on Oversight and Government Reform, to the he...
New York Times | Posted 05.25.2011
The New York attorney general has expanded his investigation of bonus payments to Wall Street executives whose banking companies are receiving $125 bi...
AP | JEANNINE AVERSA and JACQUES BILLEAUD | Posted 05.25.2011