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Bank Bonuses

Sam Stein

Obama Turns To Populist Pitch To Reclaim Anti-Establishment Mantle

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

The White House and Congress Democrats are launching a major populist initiative in an effort to lead, rather than suffer from, the anti-Wall Street,...

Morgan Stanley

nytimes.com | GRAHAM BOWLEY | Posted 05.25.2011 | Business

Despite the first annual loss in its 74-year history, Morgan Stanley earmarked 62 cents of every dollar of revenue for compensation, an astonishing fi...

New York Banks Will Pay $64B ln Bonuses In 2010: Reuters

Reuters | Joan Gralla and Andrea Ricci | Posted 05.25.2011 | Business

NEW YORK, Jan 19 (Reuters) - New York's financial sector will pay an estimated $64.2 billion in bonuses this year, up from about $57 billion in 2009, ...

On the great bonus debate

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

Every once in a while something occurs that suggests you're just talking to yourself. Last week I spoke briefly to radio's Marketplace about a short p...

Billy Bragg's Bank Bonus Protest: Singer Won't Pay Taxes Over Lavish Banker Payouts

Reuters | Posted 05.25.2011 | Business

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Sam Stein

Obama Pushed On Bank Bonuses, As Party Standing Suffers

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

As the White House pivots to a more anti-Wall Street populist posture -- in the wake of a potential loss in the Massachusetts Senate race -- legislati...

Steven Pearlstein: Is Obama's On Wall Street's Side -- Or Main Street's?

Steven Pearlstein | Posted 05.25.2011 | Business

Fairly or unfairly, the official who has come to personify this let-them-eat-stuffing attitude is Treasury Secretary Tim Geithner, who can't seem to d...

Barney Frank Clashes With Ed Schultz Over Bank Bonuses: "Don't Condescend To Me" (VIDEO)

Huffington Post | Nicholas Graham | Posted 05.25.2011 | Business

MSNBC's Ed Schultz and Congressman Barney Frank (D-Ma.) clashed tonight over Congress's response, or lack of response, to the news that JPMorgan, Gold...

Bonuses 2009: Why US Banks Deserve the Taxation Prepared by Obama

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Instead of trying to come up with a constructive solutio, the banks failed to accept that their exceptional earnings did not come to them.

Wall Street's Bonuses Problem: Should They Be 7 Figures Or 8?

New York Times | LOUISE STORY and ERIC DASH | Posted 05.25.2011 | Business

Everyone on Wall Street is fixated on The Number. The bank bonus season, that annual rite of big money and bigger egos, begins in earnest this week, ...

Deutsche Bank: U.K. Bonus Tax To Be Plans to Spread Costs of Globally

bloomberg.com | Aaron Kirchfeld | Posted 05.25.2011 | Business

Dec. 18 (Bloomberg) -- Deutsche Bank AG, Germany's biggest bank, plans to spread the costs of the U.K. bonus tax to all employees worldwide, risking a...

France Us Tax To Attacks Bank Bonuses, Following U.K.'s Lead

ft.com | Ben Hall | Posted 05.25.2011 | Business

President Nicolas Sarkozy is to follow Britain's lead and impose a one-off tax on bonus pay-outs by banks operating in France. The French governmen...

Goldman Sachs Shareholders Ask Bank To Cut Down HUGE Bonuses

Posted 05.25.2011 | Business

Think of it as an atypical example of "shareholder activism." Several of the biggest shareholders of Goldman Sachs -- which, it should be noted, has m...

Elizabeth Warren: Bank Bonuses Leave Me "Speechless"

Posted 05.25.2011 | Business

In a recent interview with Yahoo Tech Ticker's Aaron Task, Elizabeth Warren, chair of the Congressional Oversight Panel, said she was "speechless" ove...

Bank Of America CEO Moynihan: 'No Disconnect' In Lavish Exec Bonuses (VIDEO)

Posted 05.25.2011 | Business

ABC News caught up with the nation's top banking CEOs after they left Congress's financial hearings and the contrite attitude they displayed to Congre...

Rewarding Failure: Banks Set To Offer Record Bonuses

Damien Hoffman | Posted 05.25.2011 | Business
Damien Hoffman

The future of the US is in a deep pile of dirty diapers if we willingly and knowingly continue to destroy capitalism by rewarding the behavior of failures.

Wells Fargo: Cash Bonuses Withheld From Executives In 2009

AP | MARK JEWELL | Posted 05.25.2011 | Business

BOSTON — Wells Fargo & Co.'s four top executives won't get cash bonuses for 2009, but are receiving performance-based stock awards currently wor...

Europe Exceeds US in Bank Bonus Crackdown

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK -- Better to be a banker in New York than Europe this bonus season. The leaders of Britain and France are embracing a one-time tax on fat ...

Goldman Sachs Execs Skirt Christmas Party Ban

Posted 05.25.2011 | Business

At Goldman Sachs, tis the season of giving. Not only is the firm lavishing huge bonuses on its employees, but its executives are finding ways around t...

Campaign Asks Bankers To Donate Bonuses To Help Stem Foreclosures

BusinessWeek | Chris Palmeri | Posted 05.25.2011 | Business

Economist and writer Katerina Alexandraki has launched a creative idea for easing the housing crunch this holiday season. She's asking Wall Streeters ...

Citigroup: Bonuses To Be Capped At Under $100,000

ft.com | Francesco Guerrera | Posted 05.25.2011 | Business

Citigroup is to cap cash bonuses for bankers at below $100,000, according to people close to the situation. The move is aimed at defusing the public i...

Giuliani: My 'Warped View' Is That Huge Wall Street Bonuses Are ‘Wonderful’

thinkprogress.org | Posted 05.25.2011 | Business

On Saturday, the New York Times reported that the "bank bonus season" that begins this week "will be one of the largest and most controversial blowout...

Christian Science Monitor: Mad About The Bailouts? Move Your Money

Christian Science Monitor | Posted 05.25.2011 | Business

Mad about the bank bailouts? Had enough of huge bonuses and too-big-to-fail apologies? Take your money out. That's right. Take your checking and savi...

Wall Street Profits Soar To $50B, Bonuses To Rise Up To 40 Percent

Huffington Post | Marcus Baram | Posted 05.25.2011 | Business

In a clear sign of Wall Street's rebound, investment firms are producing record profits this year and the average bonus could rise as much as 40 perce...

Spitzer Tells Howard Dean: Time To Call Wall St.'s Bluff On Executive Compensation (VIDEO)

Huffington Post | Nicholas Graham | Posted 05.25.2011 | Business

With public outrage over extravagant Wall Street pay packages still simmering, Eliot Spitzer, who pursued overpaid financiers as a prosecutor, went on...