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Morgan Stanley Pay Packages: Firm Reportedly Considering Revising How Top Execs Are Compensated

AP | Posted 12.29.2009 | Business

Read More: Morgan Stanley, Morgan Stanley Bonuses, Morgan Stanley Jobs, Wall Street Bonuses, Bonuses, Bank Bonuses, Wall Street Compensation, Deferred Stock, Stock Options, Incentive Compensation, Business News

NEW YORK — Morgan Stanley is considering the way it compensates its top executives, looking to defer more pay and benchmark salaries against riv...

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Jamie Dimon Reportedly Entreated British Politician To Reconsider U.K. Bonus Tax

bloomberg.com | Elizabeth Hester | Posted 12.28.2009 | Business

Read More: Alistair Darling, Bailout, Bonus Outrage, Jpmorgan, Jamie Dimon, u.k. Bonus Tax, Bonus Tax, Bonuses, Wall Street Bonuses, Business News

Dec. 28 (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told U.K. Chancellor of the Exchequer Alistair Darling that his 50 per...

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AIG Executives Have Repaid Just $19 Million Of $45 Million That They Promised To Give Back

Washington Post | Brady Dennis | Posted 12.23.2009 | Business

Read More: Feinberg, Andrew Cuomo, Executive Pay, Wall Street, Aig, Obama, Bonuses, Executive Compensation, Business News

New York Attorney General Andrew M. Cuomo threatened to publicize the recipients' names, prompting executives at AIG Financial Products to hastily agr...

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Pay Czar Agrees To Boost Unnamed AIG Exec's Pay Package By $4 Million

AP | MARTIN CRUTSINGER | Posted 12.22.2009 | Business

Read More: Executive Compensation, Feinberg, Aig, Kenneth Feinberg, Treasury, Financial Crisis, Obama, Pay Czar, Bonuses, Ken Feinberg, Executive Pay, Business News

WASHINGTON — A top executive of American International Group Inc. has been granted a $4.3 million pay-package bump by the troubled insurance gia...

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

Huff Radio | Posted 12.18.2009 | Politics

Read More: Health Care Reform, Goldman Sachs, Bonuses, Copenhagen 2009, Global Warming, Politics News
Huff 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?

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Goldman Sachs Traders: Firm's Ethos Fading With Blankfein As CEO

New York Times | JENNY ANDERSON | Posted 12.16.2009 | Home

Read More: Tarp, Bailout, Goldman Sachs, Banks, Lloyd Blankfein, Compensation, Bonuses, Goldman Sachs 14 Principles, Wall Street, Home News

...Current and former Goldman executives say Mr. Blankfein has built a money machine that, while it still values its customers, culture and reputation...

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How to Live on $0 a Day: Top Gift Ideas for 2009

Lesley Stern | Posted 12.16.2009 | Comedy

Read More: Debt, Economy, Eco-Friendly, Credit Cards, Financial Advice, Christmas, Financial Crisis, Christmas Shopping, Bonuses, Humor, Financial Reform, Satire, Middle Class, Comedy News, Comedy, Teabaggers, Depression, Recession, Comedy News
Lesley Stern

If you happen to have some spare sanitary napkins around, or know where you can borrow some, you've got the makings for some cushy slippers with non-slip grip strips and a built in deodorant feature for fresh feet.

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Tullett Preborn To Help Employees Relocate To Avoid UK Bonus Tax

Posted 12.14.2009 | Business

Read More: Uk, Switzerland, City Bonuses, Singapore, Tullett Prebon, Banks, Bahrain, Compensation, Bonus Tax, Bonuses, London, Wall Street, Business News

Tullett Prebon, a London-based inter-dealer broker described as one of the City's biggest trading firms, will help employees relocate to avoid the Uni...

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Obama: I Didn't Run For Office To Help 'Fat Cat Bankers'

Posted 12.11.2009 | Politics

Read More: Tarp, Obama 60 Minutes, Lobbying, Afghanistan, Bailouts, Financial Reform, Obama, Steve Kroft, Obama Interview, House, Senate, Bailout, 60 Minutes, Financial Crisis, Banks, Bonuses, Wall Street Bonuses, Wall Street, Politics News

President Obama takes aim at "fat cat bankers" and their aggressive lobbying efforts to defeat financial reform in an upcoming 60 Minutes interview se...

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Shahien Nasiripour

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

HuffingtonPost.com | Shahien Nasiripour | Posted 12.08.2009 | Business

Read More: Tarp, Financial Crisis Inquiry Commission, Bank of America, Goldman Sachs, Bailout Bandits, Bailout, Wall Street, Bill Thomas, Financial Crisis, Banks, Phil Angelides, Bonuses, Wall Street Bonuses, Business News

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...

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Goldman Bonuses Will Be Paid In Company Stock - At Least For Top Execs

Financial Times | Justin Baer, Francesco Guerrera and Tom Braithwaite | Posted 12.04.2009 | Business

Read More: Goldman Sachs Stock, Goldman Sachs, Bailout, Bonuses, Executive Bonuses, Business News

Top Goldman Sachs executives are this year likely to receive their annual bonus in stock rather than cash as part of a wider pay review that could aff...

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Bonuses At Small Companies Make A Comeback

AP | JOYCE M. ROSENBERG | Posted 12.02.2009 | Business

Read More: Small Firms, Small Business, Employee Benefits, Wall Street, Wages, Compensation, Bonuses, Cash Bonuses, Recession, Small Companies, Business News

NEW YORK — Bonuses are starting to reappear at small companies as business shows signs of picking up. Many companies had to eliminate employee ...

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Thankful, Well Not So Very Much

Chris Durang | Posted 11.27.2009 | Politics

Read More: Health Care Reform, Lbj, Obama, Bonuses, Bank Bailout, Politics News
Chris Durang

I have many things I feel thankful about in my life. But in terms of our country and our planet -- hmmm. Not feeling so confident, so up, so grateful. And about Barack Obama -- well I feel very disappointed. There, I've said it.

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7 Things Wall Street Can Be Thankful For This Year (PHOTOS, POLL)

Posted 11.26.2009 | Business

Read More: 7 Things Wall Street Can Be Thankful For, Thanksgiving, Too Big to Fail, Slidepoll, Fannie Mae, Federal Reserve, Var, Goldman Sachs, Freddie Mac, Wall Street, Banks, Financial Crisis, Bonuses, Wall Street Pay, Business News

A little more than one year after the financial crisis brought the economy to a standstill -- threatening nearly every firm on Wall Street -- one thin...

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Where Are The Shareholders?

Norman Goldman | Posted 11.20.2009 | Business

Read More: Say on Pay, Gramm, Tort Reform, Bailout, Wall Street, Corporation, Shareholder, Congress, Bonuses, Tarp, Business News
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.

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Lloyd Blankfein Has A Reality Problem

Andy Stern | Posted 11.24.2009 | Business

Read More: Lloyd Blankfein, Goldman Sachs, Wall Street, Financial Crisis, Stella D'Oro, Bonuses, Bronx, Wall Street Bonuses, Andy Stern, Business News
Andy Stern

Lloyd Blankfein doesn't get it. If he really wants to change Goldman Sachs' image, he's got to change reality.

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Goldman Sachs Execs Skirt Christmas Party Ban

Posted 11.22.2009 | Business

Read More: Banks, Goldman Sachs, Bonuses, Wall Street Bonuses, Bank Bonuses, Goldman Sachs Holiday Parties, Business News

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...

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Goldman Sachs Shareholders Ask Bank To Cut Down HUGE Bonuses

Posted 11.20.2009 | Business

Read More: Lloyd Blankfein, Goldman Sachs, Goldman Sachs Shareholders, Financial Reform, Alliancebernstein, Banks, Bonuses, Bank Bonuses, Wall Street Bonuses, Business News

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...

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The Problem With a Jobs Bill -- And With Everything Else

Dave Johnson | Posted 11.20.2009 | Politics

Read More: Jobs, Bonuses, Economy, Corruption, Cash for Caulkers, Politics News
Dave Johnson

As long as our economy is structured to pass everything up to a few at the top, stimuli can't work well, and jobs bills can't work well, either. Neither can anything else.

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

New York Times | GERALDINE FABRIKANT | Posted 11.12.2009 | Business

Read More: Goldman Sachs Foundation, How Much Does Goldman Sachs Give to Charity, Charity, Stocks, Economy, Lloyd Blankfein, Walls Street, Commonfund, Goldman Sachs, Philanthropy, How Much Does Goldman Sachs Donate, Bailout, Hedge Funds, Bonuses, Goldman Sachs Donations, Giving, Executive Pay, Goldman Sachs Leaders, Futures, Business News

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...

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WSJ: AIG CEO Robert Benmosche Ready To Quit Over Pay Constraints

Huffington Post/AP | Posted 11.12.2009 | Business

Read More: Geithner, Regulation, Credit Default Swaps, Obama, White House, Bailout, Insurance, Treasury, Benmosche, Wall Street, Robert Benmosche, New York, AIG Bailout, House, Kenneth Feinberg, Financial Reform, Aig, Metlife, Capitalism, Tim Geithner, Financial Regulation, Executive Compensation, Liddy, Barack Obama, Banks, Socialism, Bonuses, Ken Feinberg, Executive Pay, Edward Liddy, Senate, Business News

NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...

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

Bloomberg | Michael J. Moore and Ian Katz | Posted 11.09.2009 | Business

Read More: Tarp, Income Gap, White House, Executive Pay, Income Inequality, Economy, Obama, Capitalism, The Fed, Recession, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Unemployment, Bailout, Tim Geithner, 2009 Bonuses, Treasury, Banks, Bonuses, Kenneth Feinberg, Ken Feinberg, Wall Street Bonuses, Business News

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

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Frank Rich: White House Doesn't Seem To Understand Public's Wall Street Rage

New York Times | FRANK RICH | Posted 11.07.2009 | Politics

Read More: Larry Summers, ny23, Regulation, Obama, Teaparty, New York 23, White House, Dede Scozzafava, Finance, Gop, Paul Volcker, Wall Street, Bill Owens, New York City, Michael Bloomberg, Financial Reform, Election Day 2009, H1N1 Vaccine, Ny-23, Doug Hoffman, Democrats, 2009 Elections, Bill Thompson, Main Street, Elections, Anger, Tim Geithner, Banks, Bonuses, Too Big to Fail, Executive Pay, Republicans, Politics News

The Obama administration does not seem to understand that this rage, left unaddressed, could consume it. It has pushed aside the entreaties of many --...

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Goldman Sachs CEO Lloyd Blankfein: "I'm Doing God's Work."

Times Online | John Arlidge | Posted 11.07.2009 | Business

Read More: Timothy Geithner, Goldman Sachs, Economy, Derivatives, Bailouts, Black Pools, Regulation, Credit Default Swaps, George Bush, Lloyd Blankfein, Policy, Goldman, London, Tim Geithner, Recession, Mortgage Crisis, Ben Bernanke, Henry Paulson, The City, Bailout, Barack Obama, Predatory Lending, Blankfein, Banks, Hank Paulson, Bonuses, Wall Street, Executive Pay, Business News

Goldman's reputation is suddenly as toxic as the credit default swaps and other inexplicably exotic financial instruments it used to buy with glee. Th...

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Supreme Court To Hear Case About Excessive Pay; Parallels Seen In Executive Compensation

Washington Post | Robert Barnes and Steven Mufson | Posted 10.31.2009 | Business

Read More: John C. Bogle, Regulation, Reform, Obama, Investors, Mutual Funds, White House, Bailout, Sotomayor, Jones vs. Harris, Jones vs. Harris Associates, Wall Street, Excessive Pay, Vanguard Group, Kenneth Feinberg, Financial Reform, Compensation, Pay Czar, Nfl, Index Funds, Barack Obama, Corporations, Sonia Sotomayor, Supreme Court, Jones v. Harris Associates, Bonuses, Ken Feinberg, Apeals Court, Executive Pay, Business News

The Supreme Court this week will hear a case that raises bedrock questions about the ability of the market to set "reasonable" corporate compensation,...

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