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Bonuses

Arianna Explains Move Your Money On Marketplace Money (AUDIO)

HuffPost Radio | Posted 05.25.2011 | Business
HuffPost Radio

Arianna made the case for Move Your Money on the radio show Marketplace Money on Friday. Move Your Money is a project that encourages account holde...

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...

Seeking A Bore

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

Obama's proposed fee on bonuses for U.S. bankers allows the administration to boast a scalp from the financial sector even in the absence of real reform.

Wall Street's Record Bonuses Return: Analysts Predict $30 Billion In Bonuses At Big 3

Bloomberg | Michael J. Moore and Ian Katz | Posted 05.25.2011 | Business

Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...

Shakeup Needed: Time for Geithner to Go

Danny Schechter | Posted 05.25.2011 | Politics
Danny Schechter

Yes, there needs to be a cabinet shake-up. It's time to yank Tim Geithner and Larry Summers from the game. Their pro-bank, pro-Wall Street policies are failing. Isn't it obvious?

Pay Czar Kenneth Feinberg Raised Base Pay At Bailed Out Firms

Wall Street Journal | DAVID ENRICH and DEBORAH SOLOMON | Posted 05.25.2011 | Business

Treasury Department pay czar Kenneth Feinberg last week announced sharp cuts in total compensation at the finance and auto companies under his control...

Bloomberg Gives Over $1 Million In Campaign Bonuses

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

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...

AIG Executives Kept Bonuses They Promised To Return, Feinberg Says

Bloomberg.com | Hugh Son | Posted 05.25.2011 | Business

Four of five managers in AIG's Financial Products unit that are under the jurisdiction of pay master Kenneth Feinberg didn't make good on pledges to r...

Left, Right & Center: Health Care, Copenhagen, Fat Cat Bankers

HuffPost Radio | Posted 05.25.2011 | Politics
HuffPost Radio

As the left positions itself to fight for a public option will the health care reform baby go down with the bathwater? And what about those fat cat bankers who Obama scolded?

goldman-sachs, giant vampire squid

Gershon Hepner | Posted 05.25.2011 | Home
Gershon Hepner

Goldman Sachs, the giant vampire squid, wrapped around our faces with a funnel, sits upon a Ponzi pyramid, preventing light to shine within its tunnel...

Shahien Nasiripour

Heads Of Financial Crisis Commission Call Bonuses Unjustifiable, Vow To Investigate (EXCLUSIVE)

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The chair and vice chair of the federal commission charged with investigating the causes of the financial crisis had harsh words on Tuesday for the Wa...

Where Are The Shareholders?

Norman Goldman | Posted 05.25.2011 | Business
Norman Goldman

We need corporate reform by way of requiring all shareholders to approve all pay of all executives at all publicly traded corporations. Only then will this looting insanity end.

10 Things We Learned at the Financial Crisis Inquiry Commission

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

It is possible to be sorry without actually apologizing, and probably a pretty good idea. As Jamie Dimon noted, those who want apologies "have to be very specific" about their requirements.

Goldman Sach's Charity Filings Reveal Foundation's Complex Trades

New York Times | GERALDINE FABRIKANT | Posted 05.25.2011 | Business

The 2008 tax filing for the Goldman Sachs Foundation, a copy of which was provided by the firm late Wednesday, provides a glimpse of the legendary tra...

Friday Talking Points [96] -- The Impressiveness of Alan Grayson

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

First, let's get rid of the distractions this week. Chicago will not be getting the Olympics in 2016, even after President Obama went over to Copenha...

A Surprisingly Successful G-20 Summit

Georges Ugeux | Posted 05.25.2011 | World
Georges Ugeux

This year, President Obama drove a very different agenda -- one focused on discussing how the world can form global governance and cooperate to stimulate the ailing economies.

Fleecing the USA Again: Non-Performance-Based P3 Banker Fees

Michael Likosky | Posted 05.25.2011 | Business
Michael Likosky

If the recovery is done right, we can forge public-private partnerships akin to the Second World War. However, our least patriotic institution, the large scale investment bank, seems to have something different in mind.

Arthur Delaney

Loyal Employee Burned By Bankruptcy Considering Revenge Default On Mortgage

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

Linda Amick worked for a big telecom firm for 24 years, climbing the ranks from lowly systems analyst making $14,000 a year to senior management. "It...

House Committee Questions $24 Million In VA Employee Bonuses

Dawn Teo | Posted 05.25.2011 | Politics
Dawn Teo

During just the last fiscal year, VA executives received more than $4.3 million in bonuses.

Nine Ways to Boost Morale at Work

Nicole Williams | Posted 11.17.2011 | Healthy Living
Nicole Williams

Here aresome ways to motivate your team and make them feel loved -- before you end up staple-gunning each other to the desks.

Could We Expect Anything From the Pittsburgh Summit of the G-20?

Georges Ugeux | Posted 05.25.2011 | World
Georges Ugeux

Never was the G-20 intended to be anything else than a technical forum meeting twice a year. It has no power, no administration, let alone any authority.

G-20 Promises Crackdown On Bankers' Pay

AP | JANE WARDELL and AOIFE WHITE | Posted 05.25.2011 | Business

LONDON — Top finance officials from rich and developing countries agreed Saturday to curb hefty bankers' bonuses, but the proposed crackdown on ...

The Bonuses and the Damage They Do

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

This is a story we know too well: Wall Street vs. Main Street. Irresponsible behavior leads to bonuses for the former while working hard and playing by the rules leads to unemployment and foreclosure for the latter.

Supreme Court To Hear Case On Execuitve Pay

New York Times | ADAM LIPTAK | Posted 05.25.2011 | Business

Last summer, Richard A. Posner, a federal appeals court judge, issued a surprising and prescient dissent. Executive pay is out of control, he said, an...

What's Wrong With Bonuses?

Adam Taylor | Posted 05.25.2011 | Business
Adam Taylor

The bonus arms race began in the 80s, and has shown little sign of abating. In practice this has meant that bonuses have ceased to be performance related at all; instead, just a guaranteed sum.