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Executive Compensation

Pay Czar Says He Can 'Claw Back' Exec Comp

Reuters | Posted 05.25.2011 | Business

MARTHA'S VINEYARD, MASSACHUSETTS, Aug 16 - Kenneth Feinberg, the Obama administration's pay czar, said on Sunday he has broad and "binding" authority ...

Pop Goes The Compensation Bubble

Harry Moroz | Posted 05.25.2011 | Politics
Harry Moroz

Doubts about the federal government's ability -- and willingness -- to reign in excessive executive compensation have persisted since October of last year. Now, the tables have turned.

Remember That Whole Thing About Fixing Our Financial System?

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

"Everybody understands," Geithner said on This Week, "that we cannot have our financial system go back to the practices that brought this economy to the brink of collapse." The problem is, it already has.

Why, Yes, We Do Have to Regulate Some Executive Pay

Rob Shapiro | Posted 05.25.2011 | Business
Rob Shapiro

Ironically, the bailouts that saved us from a second Great Depression may also bolster some of the distortions that threaten to produce it. Old practices that got us into this mess still go on.

Sam Stein

Bank Of America Workers Organize Against Closures As Execs Get Big Bonuses | Sam Stein | Posted 05.25.2011 | Politics

One of the country's largest unions is hitting back at troubled banking-giant Bank of America for rewarding executives with billions in bonuses while ...

Democrats Need to Wake Up and Regulate CEO Pay

Mike Elk | Posted 05.25.2011 | Business
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.

Obama's Victory? Give Me a Break

Amitai Etzioni | Posted 05.25.2011 | Business
Amitai Etzioni

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.

Frank Eyes Friday For Executive Compensation Vote

The Hill | Silla Brush | Posted 05.25.2011 | Politics

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...

Bailed-Out Banks Raising Pay For Execs

Washington Post | Tomoeh Murakami Tse | Posted 05.25.2011 | Business

NEW YORK, July 22 -- Wall Street's biggest banks are setting aside billions of dollars more to pay their executives and other employees just months af...

Executive Compensation Transparency: SEC Unanimously Votes For New Rules

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — The Securities and Exchange Commission on Wednesday unanimously approved rules requiring greater transparency for executive compens...

Mega-Bonuses Could Make A Comeback Soon

Telegraph | Jeffrey Goldfarb, | Posted 05.25.2011 | Business

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

The Good, the Bad, the Ugly: Financial Sector Regulation

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

There's no question that Wall Street is going to mobilize -- is already mobilized -- to defeat the administration's positive proposals.

Executive Pay: Treasury to Set Top Compensation At 7 Companies | STEPHEN LABATON | Posted 05.25.2011 | Business

WASHINGTON -- The Obama administration's sweeping new proposal to restrict executive pay is likely to be a humbling exercise for seven of the nation's...

Bailout Bank Execs Get Big Payouts

ProPublica | Posted 05.25.2011 | Business

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...

Citigroup Bonuses: Bank Pays Millions To London Traders

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

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

Wall Street Pay: Obama's Changes Set To Be Announced | LOUISE STORY and ERIC DASH | Posted 05.25.2011 | Business

The Obama administration plans to require banks and corporations that have received two rounds of federal bailouts to submit any major executive pay c...

Treasury Plans Wider Oversight On Compensation

New York Times | LOUISE STORY and ERIC DASH | Posted 05.25.2011 | Business

The Obama administration plans to require banks and corporations that have received two rounds of federal bailouts to submit any major executive pay c...

White House Set To Appoint Pay Czar

Wall Street Journal | DEBORAH SOLOMON | Posted 05.25.2011 | Business

WASHINGTON -- The Obama administration plans to appoint a "Special Master for Compensation" to ensure that companies receiving federal bailout funds a...

Unsure How to Vote Your Exxon Mobil, Chevron and Other Proxy Ballots?

Kim Cranston | Posted 05.25.2011 | Politics
Kim Cranston

See how organizations and people you trust, like Ed Begley, Jr., Ceres, Pride Foundation, Responsible Endowments Coalition, recommend you vote and why.

Executive Pay and What to Do About It

Burton L. Wise | Posted 05.25.2011 | Business
Burton L. Wise

Small shareholders in large corporations must form organizations to unify and organize their votes advance their interests and attempt to limit the out-of control remuneration of these executives,

Boot TARP-O-Line Bonuses

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Reducing the size of banks, it seems to me, would be a win for everyone. We would avoid these bonus brouhahas, the debates about TARP and compensation.

Executive Compensation Overhaul Eyed By Obama Administration

Wall Street Journal | DEBORAH SOLOMON and DAMIAN PALETTA | Posted 05.25.2011 | Business

WASHINGTON -- The Obama administration has begun serious talks about how it can change compensation practices across the financial-services industry, ...

How To Live On $0 A Day: Bargain Hunting Tips For Corporate Execs

Lesley Stern | Posted 05.25.2011 | Comedy
Lesley Stern

Let me be the first to extend the olive branch to corporate America with a few ideas on how to save millions of dollars on basic necessities. Let's start with something easy, like plumbing.

Warren Buffett Defends Obama's Economic Policy: Dispatch from Berkshire Hathaway Shareholder's Meeting

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

Warren Buffett and Charlie Munger believe government officials should be judged more leniently in times of crisis of the magnitude we had recently, as they had little time to respond to grave dangers.

CEO Perks On The Rise: Jets, Bodyguards, Chauffeurs

AP | VINNEE TONG | Posted 05.25.2011 | Business

NEW YORK — U.S. companies remain generous with the perks they give to CEOs, including some that are unfathomable to the average American worker:...