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Executive Compensation

Wall Street: the Real Roadblock to Economic Recovery

Anna Burger | Posted 05.25.2011 | Business
Anna Burger

When I think about what still needs to be done to build a true economic recovery, I think about workers such as Maria Guerra.

Arianna Discusses Executive Compensation, Dick Cheney On Morning Joe

Huff TV | Posted 05.25.2011 | Business
Huff TV

Arianna Huffington and Gayle King of "O" magazine joined the Morning Joe round table on Friday morning to discuss Dick Cheney's recent criticism of t...

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

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

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

Administration Plans Big Pay Cuts At Bailout Firms

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Politics

WASHINGTON — The Obama administration will order companies that received huge government bailouts last year to slash the base salaries of their ...

A Happy Day in Businessland!

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

The Dow is about to go over 10,000 again. Won't that be nice? Yay for those cockeyed optimists! They make the world go 'round!

AIG Bonuses: Treasury, NY Fed Backed AIG In Feud With Pay Czar

Posted 05.25.2011 | Business

During the height of the tense negotiations over executive compensation led by pay czar Kenneth Feinberg in recent months, Wall Street had an unexpect...

Cure Millions of Leprosy -- or Just Give Hank Paulson a Tax Break?

Matt Bivens | Posted 05.25.2011 | Politics
Matt Bivens

$300 million could eradicate smallpox, history's greatest killer of humans -- yet the same sum wouldn't cover the bonus pool for the executives of the insurance company AIG after its great meltdown.

Executive Pay: SEC To Crack Down On How Companies Hide Compensation

Posted 05.25.2011 | Business

WASHINGTON (MARCY GORDON -- AP) -- Companies will have to reveal more information about how much they pay their top executives, under expanded require...

One Year Later: The Post-TARP Questions We Should Be Asking

Dear John Thain | Posted 05.25.2011 | Business
Dear John Thain

While we can't decisively compare outcomes of choices that were made to alternative choices, we can ask why certain decisions haven't even been tackled.

Friday Talking Points [99] -- Misdirection

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

The real head-scratcher for serious media-watchers right now is what the "war" between the White House and Fox News was meant to distract us from this week. The "war" itself is laughable, for a number of reasons.

Pay Restrictions May Not Fix Underlying Risk-Taking

Washington Post | Steven Pearlstein | Posted 05.25.2011 | Business

With financial markets booming even as Main Street is still largely mired in recession, policymakers in Washington on Thursday were scrambling to cont...

Taming Corporate Pay, Finally

Mark Green | Posted 05.25.2011 | Politics
Mark Green

Is the reported, imminent slapdown by "pay czar' Ken Feinberg of the pay packages at seven bailed out firms the breakthrough critics have been waiting for?

How Green Are Our Bankers

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

It's easy to rail at Congress and the Fed and the President and all the bozos past, present and future who don't foresee the bubbles or simply drink too much of them. But what would you do? I'm seriously asking.

Who Really Will Pay for Goldman Sachs' $23 Billion in New Bonuses

Rob Shapiro | Posted 05.25.2011 | Business
Rob Shapiro

We didn't need this latest and most conspicuous instance of greed at Goldman to know that the compensation provided to the uppermost echelons of American business is out of control.

How the Servant Became a Predator: Finance's Five Fatal Flaws

William K. Black | Posted 05.25.2011 | Business
William K. Black

Five fatal flaws in the financial sector's current structure have created a monster that drains the real economy, promotes fraud and corruption, threatens democracy, and causes recurrent, intensifying crises.

Wall Street's 10 Biggest Lies of 2009

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Not only are we richly rewarding those who wrecked our economy, but also, we have to put up with hundreds of fabrications about how the big banks got us here. Here is my biggest, fattest lies list for 2009.

Wanted: AIG Management (Must Work for Cheap)

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

WANTED: Bright, dedicated corporate professionals for key posts at massive insurance entity now essentially owned by the Federal government. Job would start immediately, as employer is sick of current crop of whiny, entitled executives.

Wall Street and Goldman Sachs Party On

Joseph A. Palermo | Posted 05.25.2011 | Business
Joseph A. Palermo

A criminal gang of rich white guys in New York did some extremely reckless things with the nation's collective wealth, and the middle class got clobbered.

AIG Executives Kept Bonuses They Promised To Return, Feinberg Says

Bloomberg.com | Hugh Son | Posted 05.25.2011 | Business

Four of five managers in AIG's Financial Products unit that are under the jurisdiction of pay master Kenneth Feinberg didn't make good on pledges to r...

Plea$e, Mr. Feinberg! $ay it Ain't $o!

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

Thousands were involved, of course, but these 175 must stand in the forefront of their cadre, trembling, as their golden parachutes are folded up, their ceremonial swords broken over the knee of the government.

Raging Against Ford Motor Company

Stephen Gyllenhaal | Posted 05.25.2011 | Business
Stephen Gyllenhaal

Ford didn't take any TARP money so it can do whatever it wants, I guess. It can close all the plants it desires in the US and build sparkling new ones in China, as it was proudly announced today.

Executive Compensation Essentially Unchanged From Last Year Despite Stock Performance

CNN Money | Posted 05.25.2011 | 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...

CEO Pay Fell Just 6.4 Percent From 2007 To 2008

usnews.com | Rick Newman | Posted 05.25.2011 | Business

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...

Blue-Chip Tech Companies Agree To Limit Executive Pay

wsj.com | DEBORAH SOLOMON | Posted 05.25.2011 | Business

WASHINGTON -- A group of blue-chip companies is lining up behind efforts to voluntarily change their pay practices, in part to head off potentially mo...

The Financial Crisis One Year Later: The More Things Change, the More They Stay the Same

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

Perhaps one of the most telling statistics is the number of stand-alone pieces of financial reform legislation passed, one year after the collapse of Lehman Brothers: zero.