Why should the corporate miscreants who did untold harm to millions upon millions of their fellow citizens, remain largely anonymous, shielded from public scorn?
Crain's Chicago Business | Paul Merrion | Posted 04.24.2009 | Chicago
Despite plunging stock values and shrinking profits, most CEOs of Chicago's biggest companies got substantial raises and many pocketed seven-figure bo...
Huffington Post via WSJ | Julie Satow | Posted 04.18.2009 | Business
Several chief executives were handsomely paid last year even though their company performed terribly, the Wall Street Journal reports. By most mea...
Bill Black, Tom Ferguson, Rob Johnson, Walker Todd | Posted 04.16.2009 | Business
Today the task is to stop a grotesque abuse before it is too late. The path we outline here would do it, without throwing markets into turmoil.
Reuters | Posted 04.09.2009 | Business
Annual bonuses for U.S. chief executives are shrinking, though the declines may be cold comfort for shareholders rocked by big stock market declines. ...
AP | STEPHEN MANNING | Posted 03.21.2009 | Business
WASHINGTON — General Electric Co. said Wednesday that Chairman and Chief Executive Jeffrey Immelt will forgo a 2008 bonus and performance awards...
Paul Szep | Posted 03.09.2009 | Style
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Fortune's Stanley Bing | Posted 03.09.2009 | Business
The $500,000 limit on executive pay may seem like a lot of money to people, but in actuality, for a banker, you might as well be offering a salary of $1 per year.
Stephen Herrington | Posted 03.07.2009 | Business
The whole culture of bonus incentives has exacerbated the decline of American business leadership into a culture of peri-criminal opportunism.
AP | Posted 03.01.2009 | Politics
President Barack Obama responded Thursday to a front page story in the New York Times which reported that Wall Street handed out $18.4 billion in bonu...
Christopher Brauchli | Posted 02.15.2009 | Business
As credit card holders who carry unpaid balances know, most credit card companies reserve the right to raise interest rates at most any time for most any reason.
Robyn Blumner | Posted 01.11.2009 | Business
If I had turned an ungodly profit by putting my seal of approval on investments that turned out to be garbage, I'd be deeply worried about personal liability and jail.
Don McNay | Posted 01.08.2009 | Business
Those of us who run our own businesses don't get bonuses if we lose money. We usually don't get bailed out or taken over. If we lose enough money, they lock us up and board up the front windows.
Henry Blodget | Posted 04.30.2008 | Business
Take the job after an economic downturn, announce "new era" for Your Bank, have PR people place a Fortune cover story about you, and sit in your chair for three years and collect at least $50 million.
AP | Posted 03.28.2008 | Business
MBIA Inc. granted raises to some of its executives and offered bonuses to managers who stay another year as part of a plan to retain key people during...
Reuters | Posted 03.28.2008 | Business
With many U.S. chief executives taking home millions of dollars in pay, it is no shock that average workers regards them as overpaid. But that attitud...
Philip Slater | Posted 04.25.2009 | Business