Bank Of America Workers Organize Against Closures As Execs Get Big Bonuses
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 ...
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 ...
Amitai Etzioni | Posted 08.30.2009 | Business
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.
The Hill | Silla Brush | Posted 08.26.2009 | 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...
Washington Post | Tomoeh Murakami Tse | Posted 08.22.2009 | 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...
AP | DANIEL WAGNER | Posted 08.01.2009 | Business
WASHINGTON — The Securities and Exchange Commission on Wednesday unanimously approved rules requiring greater transparency for executive compens...
Telegraph | Jeffrey Goldfarb, Breakingviews.com | Posted 07.19.2009 | 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 ...
Robert Weissman | Posted 07.18.2009 | Business
There's no question that Wall Street is going to mobilize -- is already mobilized -- to defeat the administration's positive proposals.
ProPublica | Posted 07.12.2009 | 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...
nytimes.com | STEPHEN LABATON | Posted 07.12.2009 | 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...
The Huffington Post | Ryan McCarthy | Posted 07.10.2009 | Business
The timing couldn't be better. With the Obama administration readying new compensation guidelines for certain financial companies, Forbes reported Tue...
nytimes.com | LOUISE STORY and ERIC DASH | Posted 07.09.2009 | 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...
New York Times | LOUISE STORY and ERIC DASH | Posted 07.08.2009 | 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...
Wall Street Journal | DEBORAH SOLOMON | Posted 07.05.2009 | Business
WASHINGTON -- The Obama administration plans to appoint a "Special Master for Compensation" to ensure that companies receiving federal bailout funds a...
Kim Cranston | Posted 06.19.2009 | Politics
See how organizations and people you trust, like Ed Begley, Jr., Ceres, Pride Foundation, Responsible Endowments Coalition, recommend you vote and why.
Burton L. Wise | Posted 06.18.2009 | Business
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,
Norb Vonnegut | Posted 06.13.2009 | Business
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.
Wall Street Journal | DEBORAH SOLOMON and DAMIAN PALETTA | Posted 06.12.2009 | Business
WASHINGTON -- The Obama administration has begun serious talks about how it can change compensation practices across the financial-services industry, ...
Lesley Stern | Posted 06.11.2009 | Comedy
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.
Alan Schram | Posted 06.03.2009 | Business
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.
AP | VINNEE TONG | Posted 06.01.2009 | 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:...
Les Leopold | Posted 05.30.2009 | Business
2008 was an off year??? That's like calling 1929 an off year.
HuffingtonPost.com | Sam Stein | Posted 05.28.2009 | Politics
White House spokesman Robert Gibbs said the president continues to be "concerned enough" about compensation levels on Wall Street as new reports show ...
AP | DAVID KOENIG | Posted 05.26.2009 | Business
DALLAS — The chief executive of Continental Airlines Inc. got compensation the company valued at nearly $5 million in 2008, down 17.1 percent fr...
Fortune's Stanley Bing | Posted 05.08.2009 | Business
"So let's add it up. The papers say I made more than $50 million. I'm looking at a little more than $7 million, before taxes. And everybody hates me."
HuffingtonPost.com | Ryan Grim | Posted 05.02.2009 | Politics
House Republicans did their best Wednesday to battle Rep. Barney Frank (D-Mass.) on the House floor and wound up on the receiving end of some classic ...
HuffingtonPost.com | Sam Stein | Posted 08.31.2009 | Politics