Executive Bonuses

John Mack, Morgan Stanley CEO, To Forgo A Bonus For Third Straight Year

AP | Michael J. Moore and Christine Harper | Posted 12.18.2009 | Business


NEW YORK — Morgan Stanley's outgoing CEO John Mack has declined a bonus for the third year in a row. In a memo sent to the investment bank's em...

Empower Stockholders To Dictate Executive Salaries

Jerry Chautin | Posted 12.18.2009 | Business


Jerry Chautin

Headlines shout about overly generous executive compensation packages. Some say it is disgusting, obnoxious and egregious.

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


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...

Czar Blocks Bank Of America Chief's Pay

AP | STEVENSON JACOBS and VINNEE TONG | Posted 10.16.2009 | Business


NEW YORK — Capping a year in which he faced shareholder fury, regulatory scrutiny and was stripped of his chairman post, outgoing Bank of America Co...

My Late Night Visits from the Ghosts of Financial Outrages Past, Present, and Future

Arianna Huffington | Posted 05.21.2009 | Business


Arianna Huffington

With my younger daughter away, I was looking forward to a quiet night in, curled up in bed with a few dozen pieces on the financial crisis I'd cut out from newspapers and magazines. But instead of reading a few and nodding off, I ended up staying up most of the night, getting more and more outraged with each article I read. These days, the business section is not for the faint of heart. READ MORE The Torture Moment The way we respond to the revelations about the Bush administration's use of torture will define the kind of country we are. It is a test of our courage and our convictions. So far, the media are not getting high marks. They can't seem to shake their addiction to looking at every issue through the archaic prism of right vs. left. READ MORE

Coming Clean

Sarah Walker | Posted 04.19.2009 | Comedy


Sarah Walker

It's time. I'm not going to make this harder than it already is, so here it goes: I am a recipient of one of the AIG executive bonuses.

Alexander Hamilton's Scorn: Reflecting on AIG, Goldman, Hank Paulson and Bob Rubin

Steve Clemons | Posted 04.16.2009 | Politics


Steve Clemons

While many are criticizing the gross AIG taxpayer-funded bonuses of senior executives, the truth is that this kind of corruption is relatively small time -- even at $165 million -- and was predictable.

Lame Excuses for AIG Bonuses

Amitai Etzioni | Posted 04.16.2009 | Business


Amitai Etzioni

Public morality falls to a new low-level when outrageous acts are revealed but rather than being soon corrected -- they are excused.

My Virtual Gift List for This Holiday Season

Mitchell Bard | Posted 01.24.2009 | Politics


Mitchell Bard

Now that you can give crap to people without actually having to give them anything in reality, here is my virtual gift list for this holiday season.