Bonus

Why It's Good To Be Vampire Squid

AP | Associated Press | Posted 04.13.2012

Read More: Lloyd Blankfein, Goldman Sachs, Vampire Squid, Video, Wall Street, Bonus, Stock Options, Ceo, Perks, Incentives, CEO Compensation, Financial Regulation, Business News

NEW YORK — Goldman Sachs CEO Lloyd Blankfein received total compensation of $16.1 million in 2011, a 14 percent increase from the year before. ...

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This CEO Is The Highest Paid Big Bank Chief

Reuters | Posted 04.05.2012

Read More: Vikram Pandit, Brian Moynihan, JPMorgan Chase, Video, CEO Pay, Bonus, Wells Fargo, CEO Jamie Dimon, Cititgroup, Reuters, Bank of America, CEO Compensation, Securities and Exchange Commission, Business News

By David Henry April 4 (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon received $ 23.1 m illion in compensation in 2011, an 1 1 perce...

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Major CEO Sees Big Pay Boost Even As He Retires

AP | PETER SVENSSON | Posted 05.20.2012

Read More: Video, Regulatory Filing, Verizon Communications Inc., Ivan Seidenberg, Performance-Related Bonuses, Bonus, AT&T, Stock, Salary, Severence, Ceo, Perks, Business News

NEW YORK — Despite retiring as CEO of Verizon Communications Inc. in August, Ivan Seidenberg earned more in 2011 than he did in the last two ful...

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Aussie Bosses Thank Employees With $16 Million After Sale

AP | By ROD McGUIRK | Posted 02.02.2012

Read More: Million Dollar Bonus, Bonus Australia, Employees Get Large Bonus, Australian Boss Bonus, Bonus, 16 Million Bonus, Good News News

CANBERRA, Australia -- Employees of an Australian bus company have been given a 15 million Australian dollar ($16 million) share of the proceeds of th...

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"Imagine" Song Updated

Ann Lee | Posted 12.13.2011

Read More: Pentagon, Bonus, Politicians, Lobbyists, Bailouts, Beatles, Humor and Satire, Occupy Wall Street Protests, Occupy Wall Street, Comedy News

Imagine there's no Wall Street It's easy if you try No bubbles, no bailouts They cannot even lie Imagine all the bankers Living life modestly I...

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CEO's Bonus 16,700,000 Percent Larger Than Earlier Salary

Posted 07.19.2011

Read More: Citi, Chief Executive, Bonus, Stock Options, Ceo, Big Bank, Compensation Package, Ceo Bonus, Vkiram Pandit, Citigroup, Business News

NEW YORK (Maria Aspan) - Citigroup Inc (C.N) has awarded Chief Executive Vikram Pandit a $16.7 million retention bonus, plus stock options -- a fa...

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Weekly Audit: Wall Street Destroyed $8 for Every $1 Earned

The Media Consortium | Posted 05.25.2011

Read More: National Income, Welfare, States, Wages, Social Security, Jobs, Obesity, Frances Fox Piven, Republican, James Ridgeway, Alternet, Robert Taft, State of the Union, Wal-Mart, Senator, Bonus, Cloward Piven, Mother Jones, Sotu, Fox News, Glenn Beck, Banker, Obama. Michele Obama, Economy, Politics News

by Lindsay Beyerstein, Media Consortium blogger Tonight, President Barack Obama will deliver his State of the Union address. A major theme of the spee...

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Workplace Etiquette: Be Your Best at Work

Lisa Mirza Grotts | Posted 05.25.2011

Treating your colleagues with respect can gain you a winning edge and create a win-win situation for everyone at the office. Here are some basic rules of etiquette in the office and at office parties.

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Government Bank Regulators Got Big Bonuses

AP | MATT APUZZO | Posted 05.25.2011

Read More: Bank, Bonus, Bank Regulators, Bank Auditors, Government Regulators, Bank Bailout, Financial Crisis, Wall Street Crisis, Economic Crisis, Fdic, Ots, Federal Deposit Insurance Corp, Office of Thrift Supervision, Office of the Comptroller of the Currency, Business News

WASHINGTON — As banks gambled on the risky mortgages that helped create the worst financial crisis in generations, the U.S. government handed ou...

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Pity Bonus: Executives Who Miss Goals In Bad Economy Still Rewarded

CNNMoney.com | David Ellis | Posted 05.25.2011

Read More: Corporate Compensation, Executive Pay, Executive Bonus, Pity Bonus, Bonus, Executive Compensation, Corporate Bonus, Business News

Maybe you missed your earnings target last year or your stock was crushed. But if you're a corporate executive, that might not necessarily prohibit yo...

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Elizabeth Warren and Goliath

Jim Wallis | Posted 05.25.2011

Read More: Market, Fundamentalism, Elizabeth Warren, Economy, Middle Class, Main Street, Debt, Pastors, Economic, Methodist, America, Conservative, Bailout, Common Good, Values, Bonus, Great Recession, Security, Human Nature, History, Shame, Greed, System, Moral Compass, Repentance, Economics, Money, Jesus, Politics, Tradition, Economic System, Community, Congress, Rediscovering Values, Interview, Corporations, Moral Values, Great Depression, Myth, Free Market Fundamentalism, Wall Street, Application, Ceo, Faith Community, Prosperity, Crisis, Credit Card, Depression, Mammon, Business News

As Elizabeth Warren, a good Methodist, warns: The banks are trying everything they can think of to kill financial reform. And we must not let them do that.

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Did Harold Ford Get Taxpayer-Funded Bonus?

Huffington Post | David Weiner | Posted 05.25.2011

Read More: Merrill Lynch, Bank of America, Andrew Cuomo, Bonus, Harold Ford Merrill Lynch, Kirsten Gillibrand, Harold Ford Jr., Harold Ford Bonus, Harold Ford, New York News

Senator Gillibrand went on the attack this morning, breathing new life into old allegations that possible-senate candidate Harold Ford, Jr. received a...

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Philanthropy and the Economic Crisis

Georgia Levenson Keohane | Posted 05.25.2011

Read More: Lloyd Blankfein, Social Welfare, Harlen Childrens Zone, Poverty, Social Contract, Tiger Foundation, Philanthropy, Economic Crisis, Non-Profits, Charitable Giving, Pri, Stimulus, Rockefeller Foundation, Goldman Sachs, Peter Singer, Ford Foundation, Bonus, Economic Recession, Heron Foundation, Julian Robertson, Strategic Philanthropy, Blue Ridge Foundation, Giving, Safety Net, Basic Needs, Socially-Useless, Foundations, Alesina, Glaeser, Impact News

This week and next I am a guest blogger at The Center for Effective Philanthropy. My posts address philanthropy and the economic crisis, and include ...

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Before And After Obama's Speech, With Populist Caucus Chair Bruce Braley

Chris Weigant | Posted 05.25.2011

Read More: National Infrastructure Development Bank Act, Blueprint to Recovery, Chair, President Obama, Middle Class, Jobs, Main Street, Obama, Address, Chairman, Braley, Bonus, State of the Union, Populism, Joint Session, Jobless Recovery, House, Buy American, Chairman Braley, Congressman Braley, Bruce Braley, Populist Caucus, Democrat, Wall Street Bonus Tax Act, Congress, Democrats, Barack Obama, Interview, Buy American Improvement Act, Progressive, Wall Street, Chris Weigant, Sotu, Populist, Bonuses, Let Wall Street Pay for the Restoration of Main Street Act, Politics News

The news from the White House for the past week, post-Massachusetts and pre-State-Of-The-Union, has had a decidedly Populist bent to it. So, when thi...

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Friday Talking Points [108] -- Obama's Pivotal Week

Chris Weigant | Posted 05.25.2011

Read More: Pivot, White House, Fine Print, Small Business, President Obama, Speech, Balls Beer, Main Street, Reform, Democratic, Obama, Paul Volcker, Big Banks, President, Friday Talking Points, Payroll Tax, Veto Threat, Bonus, Pivotal, Consumer Financial Protection Agency, Cfpa, Midotw, Most Disappointing Democrat of the Week, Most Impressive Democrat of the Week, Capital Gains, Health Care, Tarp, Taxes, Populism, Democrat, Massachusetts, Hedge Fund, Martha Coakley, Volcker, Democrats, Barack Obama, Income Tax, Small Business Administration, Payroll Tax Holiday, Credit Card Cap, Mddotw, Wall Street, Tax, Chris Weigant, Joe Bob Briggs, Coakley, Sotu, State of the Union, Banks, Veto, Sba, Populist, Consumer Protection, Mr Magoo, Senate, Healthcare, Politics News

Since Democrats are taking some time to figure out what to do next, we shall do the same here, and skip over the entire health care reform subject, after highlighting two hilarious commentaries on the situation.

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Bloomberg Gives Over $1 Million In Campaign Bonuses

nydailynews.com | By Elizabeth Benjamin and Adam Lisberg | Posted 05.25.2011

Read More: Michael Bloomberg Bonuses, Campaign Bonuses, Mayoral Campaign Bonuses, Bonus, Michael Bloomberg, Mike Bloomberg, New York Mayoral Election, Bonuses, New York City, New York News

Mayor Bloomberg's campaign staff found a little something extra in their Christmas stockings last week - more than $1 million in bonuses for a job wel...

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Wiping Blood Off White Buck Shoes

Leo W. Gerard | Posted 05.25.2011

Read More: Citigroup, President Obama, Orin Kramer, Realtytrac, JPMorgan Chase & Co., American International Group, Barack Obama, New York, Chrysler, Aig, Goldman Sachs, Bank of America, Merrill Lynch, Dr. Daniel E. Fass, Morgan Stanley, University of California, General Motors, Wall Street, Bonus, Lehman Brothers, Great Recession, White Shoe, New York Times, U.S. Census, London Telegraph, David D. Kirkpatrick, Business News

In New York, the oldest and snobbiest financial ventures are called "white shoe" firms. Their arrogance, risky investments and confounding dealing in derivatives threw the rest of us into the Great Recession.

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Friday Talking Points [107] -- What A Week

Chris Weigant | Posted 05.25.2011

Read More: Gaffe, White House, President, Relief, President Obama, Special Election, Bailouts, Blaggy, Federal Reserve, Clinton Foundation, Democratic, Obama, Reform, Race, Friday Talking Points, Republican, Blagojevich, Clinton, Bonus, 45 Billion, Midotw, Most Disappointing Democrat of the Week, Racism, The Fed, Jail, Most Impressive Democrat of the Week, Negro, Health Care, Reid, Fed, Bill Clinton, Michelle Obama, Retirement, Bernanke, Democrat, Massachusetts, Earthquake, Congress, Jesse Jackson, Martha Coakley, Green Eggs and Ham, Democrats, Barack Obama, Ted Kennedy, Election, Haiti, Brian Williams, Theodore Geisel, Dr Seuss, Profit, Mddotw, Stepping Down, Chris Weigant, Health, Coakley, Port Au Prince, Briwi, Harry Reid, Haitian, Unions, Healthcare, Senate, Politics News

Much of the frenzied activity took place this week behind closed doors (and most decidedly not on C-SPAN), as health care reform entered its final negotiating phase.

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An Elephant in the Room?

Stephen Gyllenhaal | Posted 05.25.2011

Read More: Freud, Dreams, Bail Out, Elephants, Bonus, Dream Interpretation, David Lynch, New York Times, Carl Jung, Books News

The Times article is delicious reading if you are interested in the strange world of past and present psychiatry, but what caught my eye most was a dream that the journalist reported to have had.

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The Parable of the Unmerciful Bankers

Jim Wallis | Posted 05.25.2011

Read More: White House, President, Stories, Goldman Sachs, Family, Washington, Economy, Employment, Mortgage Broker, Main Street, Taxpayers, Economic, America, Mortgages, Economic Recovery, Sunday School, Fixed Rate Loan, Bailout, Values, Bonus, Stock, American Homeowners, Morality, Foreclosure, Fear, Leaders, Moral Compass, Financial Mortgage, United States Treasury, Bank of America, Economic Crisis, Money, Tradition, PNC Bank, United States, Sub Prime Mortgages, Compensation, Families, Adjustable Rate Loan, Recession, Wall Street, Jon Stewart, Mercy, Gospel, 30 Year Fixed Rate, Christian, Financial Institutions, Parable, Business News

It's estimated that the bonus pool of just one of these big banks would have been enough money to prevent or significantly delay foreclosure for all 2.3 million people who lost their homes last year.

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Banker Bonus Purchases: Follow The Money Trail

CNNMoney.com | Posted 05.25.2011

Read More: Bank Bonus, Bonus, Banker Bonus, Banks, Wall Street, Business News

Wall Street bankers are putting together their wish lists for 2010 -- and they're not holding back. After last year's dry spell, bonuses for top-level...

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Wall Street's Designer-Dressed Thieves

Mike Papantonio | Posted 05.25.2011

Read More: Citigroup, Feinberg, Air America, Pap Attack, Czar, Salary, Mike Papantonio, Bonus, Golefttv, GoLeft.Tv, Bank of America, Aig, Wall Street, Pay, Ceo, Ring of Fire, Business News

Open the phonebook and randomly pick the name of a stockbroker or a bank president. Call that person and ask them to explain to you how a synthetic or a derivative actually works.

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Bankers Expect Rising Bonus Pay To Break Records

Bloomberg | Robert Schmidt and Ian Katz | Posted 05.25.2011

Read More: Main Street, Wall Street Bonuses, Wall Street, Bonuses, Bonus, Business News

In Washington and on Main Street, politicians and voters are railing against Wall Street's multi- million-dollar pay packages. In the financial world,...

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Getting by on $1,000,000 a Year in a Recession

James Altucher | Posted 05.25.2011

Read More: Banks, Wall Street, Bonus, Income, Economy, Recession, Business News

My friend had just earned a $1 million in the midst of the worst recession in 75 years. Was he excited? Hardly. He was too worried about being broke by this same time next year.

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Obama Declares Himself President-For-Life (No Fooling!)

Chris Weigant | Posted 05.25.2011

Read More: Polls, Market, Populism, President Obama, Economy, Jindal, Poll, Obama, Media, Agenda, America, Blagojevich, Hat. Aretha Franklin, Pelosi, Muslim, Populist, Bonus, Socialist, Tax Cut, Auto Workers, Over-Exposed, Stimulus Package, Limbaugh, Reid, Teleprompter, Rush Limbaugh, Budget, Socialism, Do Too Much, Conservative, Congress, Right Wing, Sixty-Percent, Capitalism, Bipartisan, Stimulus, Barack Obama, Mainstream Media, Wall Street, Chris Weigant, Palin, Hypocrisy, Political Capital, Msm, Two-Thirds, Bipartisanship, Pundit, Class Warfare, Partisan, Leona Helmsley, President-for-Life, Helmsley, Politics News

"I am ashamed at getting my stimulus bill passed so quickly. Republicans, those masters of bipartisanship, offered their sincere efforts to delay this bill for months and, I admit, I ignored them."

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