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Ceo Pay

Wall Street Bonuses At Big Three Banks May Be Up 60% From Last Year

bloomberg.com | Michael J. Moore and Ian Katz | Posted 11.10.2009 | Business

Read More: JPMorgan Chase, Goldman Sachs, CEO Pay, Morgan Stanley, Bailout, Financial Reform, Banks, Big Three Banks, Bank Bonuses, Wall Street Pay, Wall Street Bonuses, Business News

Nov. 9 (Bloomberg) -- Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis sin...

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Executive's Pensions See Huge Growth

wsj.com | ELLEN E. SCHULTZ and TOM MCGINTY | Posted 11.03.2009 | Business

Read More: S, Pensions, Pension, CEO Pay, Executive Compensation, Business News

Pensions for top executives rose an average of 19% in 2008, with more than 200 executives seeing pensions increase more than 50%, according to a Wall ...

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Robert Shiller: Address Income Gap, Tie It To Tax Rate (Video)

The Huffington Post | Posted 11.02.2009 | Business

Read More: Taxes, Income Gap, Recovery, CEO Pay, Executive Pay, Shiller, Housing, Economy, Martin Wolf, Fareed Zakaria, Housing Crisis, Recession, Consumer Confidence, Mortgage, Zakaria, Bailout, Finance, Bernanke, Banks, Bubble, Robert Shiller, Housing Bubble, Business News

The US might be in the midst of a second housing and financial bubble, according to economist and Yale Professor Robert Shiller. Shiller and Financial...

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Why Billionaires Should Pay for the Jobless Recovery

Les Leopold | Posted 10.25.2009 | Business

Read More: Tarp, JP Morgan Chase, Goldman Sachs, CEO Pay, Morgan Stanley, Unemployment, Wealth, Bailout, Financial Crisis, Business News
Les Leopold

For the past 30 years we have minted billionaires, and we have created the most unequal distribution of wealth since 1928-29. This didn't happen by accident.

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Despite Pay Czar's Cuts, Many Top Executives Have Already Left Bailed-Out Firms

washingtonpost.com | Tomoeh Murakami Tse and Brady Dennis | Posted 10.23.2009 | Business

Read More: Tarp, Wall Street Pay. Kenneth Feinberg, CEO Pay, Bailout, Merrill Lynch Bank of America, Aig, Banks, Pay Czar, Bank Pay, Citigroup, Business News

The administration had tasked Kenneth Feinberg, the Treasury Department's special master on compensation, to evaluate the pay packages of 25 of the mo...

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Excessive Compensation: Your Tax Dollars at Work

Aaron Zelinsky | Posted 10.22.2009 | Business

Read More: CEO Pay, Executive Pay, Irs, Internal Revenue Code, Excess CEO Compensation, Excess-Ceo-Compensation, Internal Revenue Service, CEO Compensation, Obama Executive Pay Cap, Executive Compensation, Obama Executive Pay, Obama-Executive-Pay-Cap, Business News
Aaron Zelinsky

The Obama Administration recently announced pay limits for bailed-out CEOs. But unless the IRS changes its policies, taxpayers will continue to subsidize unreasonable compensation paid by publicly held corporations.

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Bank Pay: Fed Proposes Guidelines On Compensation For The First Time

AP | JEANNINE AVERSA | Posted 10.22.2009 | Business

Read More: Executive Compensation, CEO Pay, Wall Street Pay, Federal Reserve, Banks, Ben Bernanke, Bank Pay, Business News

WASHINGTON — The Federal Reserve would police banks' pay policies to ensure they don't encourage employees to take reckless gambles like those t...

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Showdown in Chicago

Richard Trumka | Posted 10.22.2009 | Business

Read More: American Bankers Association, CEO Pay, Chicago, Lobbyists, Derivatives, Financial Reform, Federal Reserve, Afl-Cio, Goldman Sachs, Labor, Unemployment, Wall Street, Hedge Funds, Ceos, Consumer Financial Protection Agency, Union Blogs, Bonuses, Unions, Inequality, Bankers, Joblessness, Recession, Labor Unions, Economic Recovery, Business News
Richard Trumka

We're gathering outside the American Bankers Association meeting to demand reform that will allow us to rebuild our communities, our lives and the real economy. We've got a lot to rebuild.

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India Tries To Curb CEOs' "Vulgar" Pay Packages

GlobalPost | Posted 10.21.2009 | World

Read More: CEO Pay, India, India Ceo Pay, India Ceo, India Austerity, World News

BANGALORE, India -- India's politicians are arrayed against the country's corporate class in a battle over excessive executive compensation, a subject...

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Bailed-Out Banks Act Before Pay Czar Announcement

AP | DANIEL WAGNER and STEPHEN BERNARD | Posted 10.06.2009 | Business

Read More: CEO Pay, Executive Compansation, Bailout, Bank of America, Banks, Pay Rules, Gmac, Kenneth Feinberg, Citigroup, Business News

WASHINGTON — Several firms that received large taxpayer bailouts have adjusted executive compensation to trim cash payouts before the Obama admi...

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Pay Czar Kenneth Feinberg Plans To Cut Salaries, Increase Stock Compensation

wsj.com | By DEBORAH SOLOMON | Posted 10.06.2009 | Business

Read More: CEO Pay, Bailout, Economy, Financial Crisis, Obama Administration, Pay Czar, Wall Street Pay, Kenneth Feinberg, Executive Compensation, Business News

WASHINGTON -- The Obama administration's pay czar is planning to clamp down on compensation at firms receiving large sums of government aid by cutting...

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5 Most Overpaid CEOs: The Corporate Library's List

cnn.com | Ben Rooney | Posted 09.29.2009 | Business

Read More: Michael Jeffries, CEO Pay, The Corporate Library, Most Overpaid Ceos, John Faraci, Bj Services, James W. Stewart, Nabors Industries, International Paper, Comcast, Eugene Isenberg, Business News

The Corporate Library, a corporate governance research firm, reviewed regulatory filings from 2,000 publicly traded companies and came up with a list ...

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Annual Bank Bonuses To Be Banned In U.K.

BusinessWeek | DAVID STRINGER | Posted 09.28.2009 | Business

Read More: Britain, CEO Pay, Wall Street, U.K., United Kingdom, Economy, Banks, g20, Bank Bonuses, Business News

British Treasury chief Alistair Darling said Monday that annual bonuses for bank executives will be outlawed in an attempt to curb excessive risk-taki...

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CEO Pay Fell Just 6.4 Percent From 2007 To 2008

usnews.com | Rick Newman | Posted 09.24.2009 | Business

Read More: CEO Pay, Corporate Library, Executive Compensation, Economy, Rick Newman, Business News

A new survey of CEO pay by research firm the Corporate Library finds that median take-home pay among more than 2,000 CEOs fell by 6.4 percent from 200...

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Jiang Jianqing, CEO Of Top China Bank, Earned Just $234,000 Last Year

Reuters | Steve Eder | Posted 09.23.2009 | Business

Read More: CEO of World's Largest Bank, CEO Pay, Jian Jianqing, Bank Pay Worldwide, Industrial and Commercial Bank of China, Bank Pay, Business News

NEW YORK (Reuters) - You wouldn't know it by his pay stubs, but Jiang Jianqing heads the world's largest bank....

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Size Matters: Why the Obama Administration is Wrong About Wall Street Pay

Les Leopold | Posted 09.21.2009 | Business

Read More: Larry Summers, Financial Crisis, CEO Pay, Ben Bernanke, Timothy Geithner, Wall Street Crisis, Barack Obama, Economic Crisis, Business News
Les Leopold

Just a year ago, it seemed plausible that our government would do the obvious: bring the hammer down on sky-high salaries and bonuses, which clearly had no economic justification.

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Daddy: Did Wall Street Win the War?

Les Leopold | Posted 11.09.2009 | Business

Read More: Financial Crisis, CEO Pay, Bailout, Main Street and Wall Street, Tarp, Barack Obama, Economic Crisis, Business News
Les Leopold

The ultimate Wall Street victory: bankers rob the Treasury, then the government gets blamed for the heist. You can hear the glasses clinking, come bonus time.

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Goldman CEO Says Pay Backlash Is 'Appropriate'

AP | DANIEL WAGNER | Posted 11.09.2009 | Business

Read More: Lloyd Blankfein, Goldman Sachs, CEO Pay, Executive Pay, Banker Bonuses, Wall Street Pay, Bank Pay, Clawback, Business News

WASHINGTON — After years spent raking in millions as a top executive of Goldman Sachs Group Inc., Lloyd Blankfein said Wednesday that outsized b...

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Happy Wall Street Day?

Les Leopold | Posted 10.22.2009 | Business

Read More: Financial Crisis, CEO Pay, Bailout, Wall Street, Wealth, Economic Crisis, Business News
Les Leopold

Labor Day began in 1882 to honor those "who from rude nature have delved and carved all the grandeur we behold." Today, we have so devalued labor that we hardly notice when millions lose their jobs.

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Ratcheting Up CEO Pay -- Or Competing For Talent?

Penny Herscher | Posted 09.30.2009 | Business

Read More: CEO Pay, CEO Compensation, Compensation Committee, Executive Compensation, Business News
Penny Herscher

There is so much written about fat cat CEOs and their unfair pay packages that it's a question worth pondering. The hard part is judging what is fair and necessary to get the talent you want, and what the market dictates.

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Can We Stop Wall Street's $100 Million Payday and Save Obama from Political Suicide?

Les Leopold | Posted 09.23.2009 | Business

Read More: Andrew J. Hall, Financial Crisis, Paul Krugman, CEO Pay, Wall Street, Barack Obama, Economic Crisis, Citigroup, Business News
Les Leopold

We need to save Obama from his own economic team, which is acting more and more like a Wall Street farm team. They seem blind to the obvious fact that Andrew J. Hall has not earned his keep.

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Why White House Spokesman Robert Gibbs is Dead Wrong about Wall Street Pay

Les Leopold | Posted 09.17.2009 | Business

Read More: Financial Crisis, Wall Street Bailout, CEO Pay, Unemployment, Wall Street, Wall Street Bonuses, Barack Obama, Economic Crisis, Business News
Les Leopold

Please someone tell me how an entire sector that is on taxpayer life-support is creating value that justifies high salaries and bonuses?

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Supreme Court To Hear Case On Executive Pay

New York Times | ADAM LIPTAK | Posted 09.17.2009 | Business

Read More: Supreme Court, CEO Pay, Jones v. Harris Associates, Executive Pay, Wall Street, Finance, Mutual Funds, Judge Posner, Bonuses, Harris Associates, U.S. Supreme Court, Business News

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...

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The Pay Czar Has No Clothes: The Obama Administration Has No Guts?

Les Leopold | Posted 09.12.2009 | Business

Read More: Obama Administration, Financial Crisis, CEO Pay, Pay Czar, Wall Street, Barack Obama, Citigroup, Economic Crisis, Business News
Les Leopold

Allowing Citigroup to shell out $100 million dollars to a contracted trader makes a mockery of any efforts to reign in executive pay.

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Democrats Need to Wake Up and Regulate CEO Pay

Mike Elk | Posted 08.31.2009 | Business

Read More: Executive Compensation, Andrew Cuomo, CEO Pay, Bank Bailout, Democrats, Attorney General Andrew Cuomo, Ceos, Business News
Mike Elk

Unemployment is at near double digits, people are losing their homes, and trillion of dollars in people's retirement savings have been eliminated -- all as a result of gambling on Wall Street.

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