Executive Pay

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AIG Executives Have Repaid Just $19 Million Of $45 Million That They Promised To Give Back

Washington Post | Brady Dennis | Posted 12.23.2009 | Business

Read More: Feinberg, Andrew Cuomo, Executive Pay, Wall Street, Aig, Obama, Bonuses, Executive Compensation, Business News

New York Attorney General Andrew M. Cuomo threatened to publicize the recipients' names, prompting executives at AIG Financial Products to hastily agr...

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Taxpayers Help Goldman Sachs Reach Height Of Profit In New Skyscraper

Bloomberg | Posted 12.22.2009 | Business

Read More: Geithner, Goldman Sachs, Investment Banks, 9/11, Obama, Hedge Fund, Headquarters, Pataki, Bonuses Feinberg, Bailout, Treasury, Blankfein, Banks, Liberty Bonds, Tarp, Executive Pay, Business News

In the first six months of 2010, about 6,000 employees of Goldman Sachs Group Inc. will take a break from their spreadsheets and move across the south...

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Pay Czar Agrees To Boost Unnamed AIG Exec's Pay Package By $4 Million

AP | MARTIN CRUTSINGER | Posted 12.22.2009 | Business

Read More: Executive Compensation, Feinberg, Aig, Kenneth Feinberg, Treasury, Financial Crisis, Obama, Pay Czar, Bonuses, Ken Feinberg, Executive Pay, Business News

WASHINGTON — A top executive of American International Group Inc. has been granted a $4.3 million pay-package bump by the troubled insurance gia...

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Wall Street Makes Merry With Other People's Money

Dan Collins | Posted 12.16.2009 | New York

Read More: Lloyd Blankfein, Tarp, Executive Pay, Wells Fargo, Afl-Cio, Aig, Pay Czar, Pay Czar Ken Feinberg, Goldman Sachs, Goldman Sachs Bonuses, Commercial Banks, Goldman Sachs Ceo Lloyd Blankfein, Ken Feinberg, Wall Street Bonuses, Executive Compensation, Citigroup, New York News

There's a good deal of jolliness on Wall Street this holiday season, thanks to the billions of dollars in bonuses that will be stuffed into the stockings of your favorite bankers. It's safe to assume the final tally will be very big.

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

Posted 12.16.2009 | Business

Read More: Federal Reserve, Executive Pay, Securities and Exchange Commission, Executive Compensation, Wall Street Compensation, Business News

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

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Empower Stockholders To Dictate Executive Salaries

Jerry Chautin | Posted 12.18.2009 | Business

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

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Senate Takes Aim At Insurance Company Executive Pay

AP | ERICA WERNER | Posted 12.06.2009 | Business

Read More: Insurance Companies, Senate, Health Care Reofmr, Health Care, Executive Pay, Insurance Companies Executive Pay, Business News

WASHINGTON — Senate Republicans forced Democrats to vote in favor of cutting billions from providers of home care for older people as partisan d...

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Xcel Executive Perks: Energy Company Eliminates Executive Spending From Rate Increase After Outcry

Posted 11.24.2009 | Denver

Read More: Colorado Energy, Xcel Energy, Xcel Rate Increases Colorado, Executive Pay, Colorado Energy Rates, Denver News

After weeks of public outcry, Xcel Energy, Colorado's largest energy provider has agreed to drop $280,000 worth of requests for food, travel and other...

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Goldman Sach's Charity Filings Reveal Foundation's Complex Trades

New York Times | GERALDINE FABRIKANT | Posted 11.12.2009 | Business

The 2008 tax filing for the Goldman Sachs Foundation, a copy of which was provided by the firm late Wednesday, provides a glimpse of the legendary tra...

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WSJ: AIG CEO Robert Benmosche Ready To Quit Over Pay Constraints

Huffington Post/AP | Posted 11.12.2009 | Business

Read More: Geithner, Regulation, Credit Default Swaps, Obama, White House, Bailout, Insurance, Treasury, Benmosche, Wall Street, Robert Benmosche, New York, AIG Bailout, House, Kenneth Feinberg, Financial Reform, Aig, Metlife, Capitalism, Tim Geithner, Financial Regulation, Executive Compensation, Liddy, Barack Obama, Banks, Socialism, Bonuses, Ken Feinberg, Executive Pay, Edward Liddy, Senate, Business News

NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...

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Wall Street's Record Bonuses Return: Analysts Predict $30 Billion In Bonuses At Big 3

Bloomberg | Michael J. Moore and Ian Katz | Posted 11.09.2009 | Business

Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...

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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...

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Frank Rich: White House Doesn't Seem To Understand Public's Wall Street Rage

New York Times | FRANK RICH | Posted 11.07.2009 | Politics

Read More: Larry Summers, ny23, Regulation, Obama, Teaparty, New York 23, White House, Dede Scozzafava, Finance, Gop, Paul Volcker, Wall Street, Bill Owens, New York City, Michael Bloomberg, Financial Reform, Election Day 2009, H1N1 Vaccine, Ny-23, Doug Hoffman, Democrats, 2009 Elections, Bill Thompson, Main Street, Elections, Anger, Tim Geithner, Banks, Bonuses, Too Big to Fail, Executive Pay, Republicans, Politics News

The Obama administration does not seem to understand that this rage, left unaddressed, could consume it. It has pushed aside the entreaties of many --...

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Goldman Sachs CEO Lloyd Blankfein: "I'm Doing God's Work."

Times Online | John Arlidge | Posted 11.07.2009 | Business

Read More: Timothy Geithner, Goldman Sachs, Economy, Derivatives, Bailouts, Black Pools, Regulation, Credit Default Swaps, George Bush, Lloyd Blankfein, Policy, Goldman, London, Tim Geithner, Recession, Mortgage Crisis, Ben Bernanke, Henry Paulson, The City, Bailout, Barack Obama, Predatory Lending, Blankfein, Banks, Hank Paulson, Bonuses, Wall Street, Executive Pay, Business News

Goldman's reputation is suddenly as toxic as the credit default swaps and other inexplicably exotic financial instruments it used to buy with glee. Th...

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John Varley Defends Bonuses: Profits Are "Not Satanic" Barclays CEO Tells London Church Crowd

Posted 11.04.2009 | Business

Read More: Lloyd Blankfein, Income Gap, Executive Pay, City Bonuses, Income Inequality, John Varley, London, Barclays, New York City, Goldman Sachs, Religion, Brian Griffiths, Christianity, Ceo, City Pay, Wall Street Bonuses, Wall Street Pay, Robert Shiller, Business News

The CEO of Britian's second-largest bank became the second of that nation's banking figures to make the case for profits in the house of god, defendin...

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Robert Shiller: Address Income Gap, Tie It To Tax Rate (Video)

The Huffington Post | Posted 11.02.2009 | Business

Read More: Taxes, Income Gap, Recovery, CEO Pay, Executive Pay, Shiller, Housing, Economy, Martin Wolf, Fareed Zakaria, Housing Crisis, Recession, Consumer Confidence, Mortgage, Zakaria, Bailout, Finance, Bernanke, Banks, Bubble, Robert Shiller, Housing Bubble, Business News

The US might be in the midst of a second housing and financial bubble, according to economist and Yale Professor Robert Shiller. Shiller and Financial...

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Private College Salaries Of More Than $1 Million Paid To 23 Presidents

AP | JUSTIN POPE | Posted 11.02.2009 | Home

Read More: David J. Sargent, Salaries, Tuition Increases, Pay, Tuition, College President, Renssealear Polytechnic Institute, University President, Private Universities, University of Tulsa, Shirley Jackson, Shirley Ann Jackson, Steadman Upham, Student Loans, Students, Suffolk University, David Sargent, President, Presidents, Costs, University, College, Salary, Chronicle of Higher Education, Higher Education, Private Colleges, Executive Pay, Home News

The fast-growing group of millionaire private college and university presidents hit a new record in recent years, and it's likely more college leaders...

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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

Read More: John C. Bogle, Regulation, Reform, Obama, Investors, Mutual Funds, White House, Bailout, Sotomayor, Jones vs. Harris, Jones vs. Harris Associates, Wall Street, Excessive Pay, Vanguard Group, Kenneth Feinberg, Financial Reform, Compensation, Pay Czar, Nfl, Index Funds, Barack Obama, Corporations, Sonia Sotomayor, Supreme Court, Jones v. Harris Associates, Bonuses, Ken Feinberg, Apeals Court, Executive Pay, Business News

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

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While Larry Summers Dreams, You Can Act

Robert Lenzner | Posted 10.31.2009 | Business

Read More: Larry Summers, Wall Street, Stock Market, Equities, Banking Crisis, Financial Crisis, Executive Pay, Business News

What can an investor do? For advice, I sat down with Marc Harris of RBC, one of the few large banks that maneuvered a clear course through the economic turmoil.

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Pay Czar Ken Feinberg Raised Base Pay At Bailed Out Firms

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

Read More: Citigroup, White House, Base Pay, Gm, Kenneth Feinberg, Compensation, Obama, Pay Czar, Gmac, Aig, Bank of America, Chrysler, Raised Base Pay, General Motors, Bonuses, Ken Feinberg, Executive Pay, Business News

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

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Barack Obama Is Doing My Job; Why America Needs Him to Do His

Arianna Huffington | Posted 10.28.2009 | Business

Read More: Goldman Sachs, Fdic, Executive Pay, President Obama, Barack Obama Financial Crisis, TARP Money, Ben Bernanke, Obama Financial Reform, Big Banks, The Fed, Financial Regulation, Business News

When it comes to dealing with Wall Street, President Obama seems to have traded in his position as our economy's commander-in-chief for a different role: pundit-in-chief.

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"Too Big To Fail" Legislation Is On The Way

New York Times | STEPHEN LABATON | Posted 10.26.2009 | Politics

Read More: Goldman Saks, Congress, Economy, Bailouts, Obama, Too Big to Fail Bill, Legislation, Ben Bernanke, Aig, White House, Bailout, Federal Reserve, Lehman Brothers, Bofa, Treasury, Gop, Consumer Protection Agency, Financial Crisis, Paul Volcker, Wall Street, Citigroup, Bank of America, Derivatives, Ben Bernanke Federal Reserve, Democrats, Recession, Barney Frank, House, House Financial Services Committee, Senate, Barack Obama, Tim Geithner, Banks, Bonuses, Too Big to Fail, Executive Pay, Politics News

A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, th...

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Left, Right & Center: CEO Pay, Public Option, Obama vs. Fox, Saving Journalism

Huff Radio | Posted 10.24.2009 | Politics

Read More: Health Care Reform, Fox News, Executive Pay, Public Option, Journalism, Barack Obama, Politics News

The public option is sneaking its way back onto the table; the administration takes a hardcore stance regarding Fox News; and Len Downie of the Washington Post proposes public funding for journalism.

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Friday Talking Points [99] -- Misdirection

Chris Weigant | Posted 10.26.2009 | Politics

Read More: White House, Pentagon, Troops, Medicare for All, Rumor Mongering, Guantanamo, Monopoly, Reform, Alan Grayson, Dscc, Pentagon Budget, Roger Ailes, Nixonian, Charles Schumer, President, Magic, Military, Bailout, Emanuel, Midotw, Nancy Pelosi, Ailes, Most Impressive Democrat of the Week, Health Care, Reid, Public Option, Olympia Snowe, Democrat, Congress, Playing the Victim, Close Gitmo Now, Rumor, Stage Magic, Democrats, Barack Obama, Rage Against the Machine, Executive Compensation, Calls, Schumer, Mddotw, Rahm Emanuel, Wasted, Health, Weiner, Harry Reid, Nixon, Healthcare, Senate, Orchestra Pit Theory, President Obama, Democratic Senatorial Campaign Committee, Fox, Obama, Democratic, Media, Grayson, Friday Talking Points, Republican, Pelosi, Snowe, Enemy, Organizing for America, Misdirect, Guantanamo Bay, Most Disappointing Democrat of the Week, Orchestra Pit, Victim, Robust Public Option, Anthony Weiner, Trigger, Trust Busting, House, Tom Morello, Victim Card, War, Ad, Opt Out, 1000 Hours, Defense Appropriations, Enemy of America, Misdirection, Wall Street, Chris Weigant, Health Insurance, Health Insurers, 300000, Fox News, Medicare, Chuck Schumer, Executive Pay, Torture, Morello, Politics News

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.

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AIG Executives Kept Bonuses They Promised To Return, Feinberg Says

Bloomberg.com | Hugh Son | Posted 10.23.2009 | Business

Read More: AIG Financial Products, Executive Pay, Bailoug, Aig Bonuses, Economic Crisis, AIG Bailout, Aig, Financial Crisis, AIG's Financial Products Unit, Pay Czar, Bonuses, Executive Compensation, Kenneth Feinberg, Business News

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...

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