Compensation

The Parable of the Unmerciful Bankers

Jim Wallis | Posted 12.17.2009 | Business


Jim Wallis

It's estimated that the bonus pool of just one of these big banks would have been enough money to prevent or significantly delay foreclosure for all 2.3 million people who lost their homes last year.

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

New York Times | JENNY ANDERSON | Posted 12.16.2009 | Home


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

Tullett Preborn To Help Employees Relocate To Avoid UK Bonus Tax

Posted 12.14.2009 | Business


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...

Bonuses At Small Companies Make A Comeback

AP | JOYCE M. ROSENBERG | Posted 12.02.2009 | Business


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

Bank Of America CEO Search: Why No One Wants The Job

Huffington Post | Ryan McCarthy | Posted 11.23.2009 | Business


Apparently, no one wants to be CEO of the nation's largest bank. The protracted search for a new Bank of America CEO may last until 2010, reports Bloo...

Banks' 2008 Stock Options Turning Out To Be Most Lucrative Payouts Ever

The New York Times | LOUISE STORY | Posted 11.08.2009 | Business


Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term per...

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


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

Pay Czar Ken Feinberg Raised Base Pay At Bailed Out Firms

Wall Street Journal | DAVID ENRICH and DEBORAH SOLOMON | Posted 10.28.2009 | Business


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

Wall Street Bonuses Vs. Normal Wages: A Disturbing Trend (CHART, VIDEO)

Huffington Post | Marcus Baram | Posted 10.21.2009 | Business


It may be hard to believe but there was a time, almost 25 years ago, when Wall Street and Main Street weren't so far apart -- at least when it came to...

Want Less Risk? Hire More Women!

Dr. Sasha Galbraith | Posted 10.06.2009 | Business


Dr. Sasha Galbraith

The higher the amount of testosterone, the more willing people are to take risks. Women, with considerably less of the male hormone coursing through their bodies, are more risk averse.

Executive Compensation Essentially Unchanged From Last Year Despite Stock Performance

CNN Money | Posted 11.24.2009 | Business


Compensation for top executives at many of the nation's largest publicly traded firms was essentially unchanged last year, even as the stock market pl...

Reinventing The Compensation Wheel: Frustrated That Some People Make More Than You?

Julia Moulden | Posted 11.11.2009 | Living


Julia Moulden

It's no secret that some people earn more than others, but the gap is huge, and getting bigger every year. There have been some cool innovations designed to try to address this imbalance, but none have caught on in a big way. And now a couple of clever guys from Silicon Valley may just have reinvented the compensation wheel.

The Dimming of Star Power in Hollywood

John Farr | Posted 09.21.2009 | Entertainment


John Farr

Could it be that Denzel and Julia no longer merit guaranteed twenty million dollar paydays with every picture? And if so, what precisely has happened?

Tips on Parenting from the Dad of a 'Stupid Kid'

Christina Patterson | Posted 08.16.2009 | Living


Christina Patterson

Middle-class parents somehow believe that the web of neurotic over-protection that they weave around little Ella or Sam should extend seamlessly to every object, or person, they meet.

Goldman, J.P. Morgan and Wall St.'s Original Sin

Robert Teitelman | Posted 08.15.2009 | Business


Robert Teitelman

What is the origin of Wall Street's sin? And, just as importantly, who or what is responsible?

Love Your Neighbor, Love the Earth

Jim Wallis | Posted 06.15.2009 | Green


Jim Wallis

We cannot claim to care for the poor while we turn our backs on our role in the destruction of the most basic resources our neighbors need for survival.

Non Sequitur

Norman Horowitz | Posted 05.18.2009 | Politics


Norman Horowitz

I am a "non sequitor" specialist. I do infer improper conclusions that do not logically follow the premise of whatever. That great American Rush Li...

Arthur Delaney

Goldman Sachs Compensation Up 18 Percent In 2009

HuffingtonPost.com | Arthur Delaney | Posted 05.16.2009 | Business


Goldman Sachs made big headlines with its surprisingly positive earnings report for the first quarter of 2009. The banking giant reported a net earnin...

More Troops Alone Will Not Win Back Afghans' Confidence

Erica Gaston | Posted 04.13.2009 | World


Erica Gaston

For a true strategic rethink, we'll have to do more than dust up around the margins. More troops alone will not win back Afghans' trust.

Salt in the Wound: The Case for Compensation

Erica Gaston | Posted 04.05.2009 | World


Erica Gaston

While troops say they have an "open door" to Afghan civilians, Afghans find that door is barricaded by barbed wire and heavily armed, hostile men.

Firms Taking Bailout Money Defend Retention Pay For Top Brokers

Washington Post | Tomoeh Murakami Tse | Posted 03.31.2009 | Chicago


Handsome pay packages for brokers totaling billions of dollars have turned the public spotlight on another corner of Wall Street compensation: retenti...

McDonald's McScrews Hero Out of Money [UPDATED]

David Weiner | Posted 03.26.2009 | Politics


David Weiner

A Huffington Post commenter received an email from McDonald's (reprinted here) saying that the franchise owner is now offering to pay for all medical costs if Haskett loses his appeal.

Make Wall Street Take The Same Deal The Autoworkers Get

Chris Weigant | Posted 01.22.2009 | Business


Chris Weigant

If we're going to minutely examine autoworkers' wages, and dictate the travel plans of one industry we are bailing out, then it seems eminently reasonable to do the same for the banking industry.

The Nasty Class and Anti-Union Bias of Auto Bailout Opposition, or the Wall Street-Detroit Double Standard

Robert Weissman | Posted 01.12.2009 | Business


Robert Weissman

Nancy Pelosi says the Congressional Republicans are playing Russian Roulette with the economy by refusing to agree to an auto industry bailout. But f...

Automakers: Apology Accepted

Jim Wallis | Posted 01.11.2009 | Business


Jim Wallis

If we are honest with ourselves, we realize that the very mistakes the leadership of GM, Chrysler, and Ford have made are all too recognizable in ourselves -- even if there are drastic differences of scale.