Ceo Pay

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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

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

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

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

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

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

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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Bank Pay Restrictions Face Senate, Obama Skepticism

bloomberg.com | Ian Katz and Jesse Westbrook | Posted 08.31.2009 | Business

Read More: CEO Pay, Barack Obama, Goldman Sachs, Bailout, Aig, Bank Bonuses, Bank Pay, Andrew Cuomo, Cuomo Report, Citigroup, Business News

July 31 (Bloomberg) -- Restrictions on financial industry bonuses heading to a vote in the U.S. House may be rejected by the Senate and the Obama admi...

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Obama's Victory? Give Me a Break

Amitai Etzioni | Posted 08.30.2009 | Business

Read More: House of Representatives, CEO Pay, Executive Pay, Economy, Economic Crisis, President Obama, CEO Compensation, Executive Compensation, Barack Obama, Business News

If Obama's bill to restrain executive pay is a victory, I don't know what a defeat would look like. The bill does not limit any one's pay by one penny.

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Enslaved by Our 401ks?

Les Leopold | Posted 08.28.2009 | Business

Read More: 401(K), Financial Crisis, CEO Pay, Wall Street Crisis, Wall Street, TARP Money, Economy, Economic Crisis, Business News

I'm worried that we've locked ourselves into the stock market to such a degree that we'll allow nearly anything to happen on Wall Street as long as our pension funds and invested savings recover.

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Profiling CEOs and Their Sociopathic Paychecks

Thom Hartmann | Posted 08.27.2009 | Business

Read More: Thom Hartmann, CEO Pay, CEO Compensation, Corporate Greed, Business News

What part of being a CEO could be so difficult -- so impossible for mere mortals -- that it would mean that there are only a few hundred individuals in the United States capable of performing it?

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Frank Eyes Friday For Executive Compensation Vote

The Hill | Silla Brush | Posted 08.26.2009 | Politics

Read More: Executive Compensation, CEO Pay, Obama, Exec Pay, Barney Frank, Politics News

House lawmakers next week plan to cast their first votes on President Obama's overhaul of the financial regulatory system by taking up new restriction...

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A Wall Street Windfall Profits Tax: Now or Never?

Les Leopold | Posted 08.16.2009 | Business

Read More: Goldman Sachs, JP Morgan, CEO Pay, Unemployment, Economic Stimulus Package, Wall Street, Economic Crisis, Financial Crisis, Barack Obama, Housing Bubble, Business News

Wall Street will get its outrageous bonuses again, and the finance casino will reopen for business. This is both a recipe for disaster and the best moment we've ever had to end Wall Street's domination of our economy.

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Calpers Sues Rating Agencies: Where's Obama? Where's Congress?

Les Leopold | Posted 08.15.2009 | Business

Read More: Financial Crisis, CEO Pay, Congress, Wall Street, Barack Obama, Economic Crisis, Moody's, Business News

Fantasy finance inevitably leads to financial crashes, which are a disaster for the real economy. Along the way, bankers get filthy rich. But when the game goes bust, we are the ones picking up the tab.

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Happy Days are Here Again! (Here = Wall Street)

Les Leopold | Posted 08.14.2009 | Business

Read More: Goldman Sachs, CEO Pay, Bailout, Wall Street, TARP Money, Bonus Outrage, Economic Crisis, AIG Bailout, Aig, Barack Obama, Great Depression, Business News

What did Goldman Sachs actually do that was useful for society, after having helped to drive our economy off a cliff? And why aren't our elected leaders doing something about it?

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The New Economy Won't Be Like the Last One

Sarah van Gelder | Posted 07.23.2009 | Business

Read More: Infrastructure, CEO Pay, Wall Street, Local Economies, Finance, Money, Military Spending, Health, Speculation, Economy, President Obama, Economic Crisis, Obama Economy, Business News

The current economic downturn offers an exceptional opportunity to rebuild and, this time, to make it an economy that works for all.

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Mega-Bonuses Could Make A Comeback Soon

Telegraph | Jeffrey Goldfarb, Breakingviews.com | Posted 07.19.2009 | Business

Read More: Executive Compensation, CEO Pay, Fiancial Reform, Mega-Bonuses, Obama Financial Reform, Wall Street Bonuses, Business News

This time around, however, the banks should be in a better position to defend against public scrutiny. Start with revenue. Despite the upheaval in ...

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Rx for CEO Pay: Fire Ours, Hire Theirs

Mark Goulston, M.D. | Posted 07.16.2009 | Business

Read More: CEO Pay, CEO Compensation, Wall Street, Indra Nooyi, Business News

Can a zebra change it's stripes? Think of the people you know who have reached adulthood exhibiting deep attitudes of entitlement, selfishness and av...

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Departing Execs At Smaller TARP Banks Got Golden Parachutes

ProPublica | Posted 07.12.2009 | Business

Read More: CEO Pay, Hamptons Road Bancshares, Bailout, Associated Bankcorp, Webster Financial, Executive Compensation, Mid-Sized Banks, South-Financial-Group, Business News

Yesterday, the Treasury Department released new rules [1] on how much banks that received TARP money can pay their executives. Among the rules is one...

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Fear and Looting in America: Should We Worry if Wall Street Loses its Top Talent?

Les Leopold | Posted 07.10.2009 | Business

Read More: Financial Crisis, CEO Pay, Wall Street Crisis, Bank Bailout, Hedge Funds, President Obama, Economic Crisis, Business News

the financial industry is whining about how it will lose "top talent" and therefore would be at a competitive disadvantage to firms that don't have such constraints.

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Citigroup Bonuses: Bank Pays Millions To London Traders

The Huffington Post | Ryan McCarthy | Posted 07.10.2009 | Business

Read More: Tarp Bailout, CEO Pay, Citigroup Bailout, Troubled Asset Relief Program, London Bonuses, Wall Street Pay, Executive Compensation, Citigroup, Business News

The timing couldn't be better. With the Obama administration readying new compensation guidelines for certain financial companies, Forbes reported Tue...

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