Bonuses

Bankers Win Court Battle To Get $64 Million In Crisis-Era Bonuses

The Huffington Post | Alexander Eichler | Posted 05.09.2012

It seems like a law of the universe: Water flows downhill, and bankers eventually get their bonuses. A group of 104 London investment bankers won a...

Shareholder Pay Revolt Drives Major CEO To Resign

AP | Posted 05.08.2012

LONDON -- The chief executive of Aviva, Britain's largest insurer, has resigned following a shareholder revolt over executive pay, the company said Tu...

Why CEOs Love This Stock Market Rally

Reuters | Posted 04.03.2012

* Gains in stock options, restricted shares offset modest bonuses * Stock grants made during 2009 market lows now look good ...

Senators: Giving MF Global Execs Bonuses Probably Not A Good Idea

AP | MARCY GORDON | Posted 05.15.2012

WASHINGTON — Senators are telling the trustee overseeing MF Global that it would be outrageous to pay bonuses to top executives of the collapsed...

Wall Street's Average Cash Bonus Expected To Fall To $121,000

AP | MICHAEL GORMLEY | Posted 04.30.2012

ALBANY, N.Y. -- Wall Street cash bonuses for 2011 are expected to drop 14 percent and profits are expected to drop by half for the second year in a ro...

Big Bank Whistleblower Claims It Cost Him Major Bonus Money

The Huffington Post | Jillian Berman | Posted 02.21.2012

One banker is claiming that blowing the whistle on his colleagues' inappropriate behavior cost him millions. Edward Williems, a former senior inve...

Don't Get Too Comfortable: Big Bank Takes Back Some Bonus Pay For Execs

AP | ROBERT BARR | Posted 02.21.2012

LONDON -- Lloyds Banking Group has canceled bonus payments for its former chief executive and a dozen other directors over their involvement in the co...

ICE COLD: GM Freezes Pension Plans For Salaried Workers

AP | JEFF KAROUB | Posted 04.16.2012

DETROIT — General Motors Co. plans to freeze its U.S. pension plan for longtime white-collar workers and give all salaried employees annual bonu...

Surprising Share Of U.S. Workers Netted Raises Last Year

The Huffington Post | Harry Bradford | Posted 01.30.2012

Incomes in America barely rose last year, and that's in part a result of companies deciding against doling out extra bucks if possible. Only a thir...

Bank CEO Turns Down Bonus Amid Criticism

AP | JILL LAWLESS | Posted 03.30.2012

LONDON — Royal Bank of Scotland chief executive Stephen Hester will not be accepting a 1 million pound ($1.5 million) bonus that drew criticism ...

The Latest Bankers To Hear Bad Bonus News

The Huffington Post | Bonnie Kavoussi | Posted 03.27.2012

As Wall Street adjusts to a less profitable chapter in its history, bankers may be finally feeling the pain that many American workers have known for ...

Goldman Sachs Employees On Bonus Day: 'It's A Bloodbath'

The Huffington Post | Bonnie Kavoussi | Posted 01.20.2012

Reports are creeping out that yesterday's bonus day wasn't all fun and games at America's most iconic investment bank. Goldman's profits fell in 2...

Bankrupt Solyndra Asks Judge To Approve Bonus Money

AP | RANDALL CHASE | Posted 01.13.2012

DOVER, Del. -- A California solar panel manufacturer that received a half-billion dollar loan from the federal government before declaring bankruptcy ...

Wall Street Job Cuts May Hurt National Labor Market

Posted 12.22.2011

As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors that will ...

Chestnuts, Jack Frost and Wall Street's Spring Bonuses

Adam Levin | Posted 01.29.2012

Adam Levin

As we ring out what has been a pretty lousy year for most of us, Wall Streeters are all aglow -- thoughts turning to sugar-plum fairies dancing in their brains, bearing bundles of spring bonuses.

The Salomon Brothers Training Class of 1985 and Lessons Learned

Lydia Fisher | Posted 01.18.2012

Lydia Fisher

There were a few rejections before I made it into the Salomon Brothers sales and trading training class. It happened to be the class of 1985, immortalized in Michael Lewis' book, Liar's Poker," and I recently came back from our 26-year reunion.

Regulator: Fannie, Freddie Million-Dollare Bonuses Are Necessary

Posted 01.10.2012

The regulator for Fannie Mae and Freddie Mac on Thursday defended their million-dollar executive bonuses which have come under fire given huge los...

Arthur Delaney

Bipartisan Group Of Senators Wants To Ban Bonuses At Fannie And Freddie

HuffingtonPost.com | Arthur Delaney | Posted 01.09.2012

WASHINGTON -- A bipartisan group of senators led by Jay Rockefeller (D-W.Va.) and John McCain (R-Ariz.) announced Wednesday that they want to ban bonu...

Wall Street Employees Getting Smaller Bonuses This Year: Survey

The Huffington Post | Alexander Eichler | Posted 01.08.2012

It's been an underwhelming year for Wall Street, and traders will likely see that reflected in their bonuses, according to a new report. With the ...

What Does Wall Street Really Want?

Paul Brandeis Raushenbush | Posted 12.12.2011

Paul Brandeis Raushenbush

Occupy Wall Street has turned the spotlight in the general vicinity of Wall Street, but unfortunately it has yet to force Wall Street to articulate its own reason for existence.

What Do You Really Want Wall Street?

Paul Brandeis Raushenbush | Posted 12.12.2011

Paul Brandeis Raushenbush

Occupy Wall Street has turned the spotlight in the general vicinity of Wall Street, but unfortunately it has yet to force Wall Street to articulate its own reason for existence.

Wall Street Says It Expects Bonuses To Be Just As Big This Year

The Huffington Post | Jillian Berman | Posted 12.10.2011

While most Americans aren’t expecting their incomes to rise with the cost of living in the near future, more than 60 percent of Wall Street professi...

Morgan Stanley Reports Loss In Second Quarter

AP | PALLAVI GOGOI | Posted 09.20.2011

NEW YORK - Morgan Stanley is reporting a loss $558 million for the second quarter. The investment banks' earnings took a hit from converting an invest...

Executive Compensation's New Normal: A Missed Opportunity

Ed Lawler | Posted 08.20.2011

Ed Lawler

Executive pay in the U. S. skyrocketed to reach an all time high in 2010. Looking ahead, we will likely find that the pay distance between executives and the rest of their organizations has gotten even greater.

10 CEOs Who Got Rich By Cutting Jobs

Mother Jones | Josh Harkinson | Posted 07.13.2011

The insecurity of the middle class has a lot to do with how executives are paid. Bonuses pegged to stock prices encourage CEOs to mercilessly outsourc...