Golden Parachute

AFSCME Urges Say-on-Pay for Shareholders

Gerald McEntee | Posted 08.31.2009 | Politics


Gerald McEntee

A key step to fixing our economy is making sure that the interests of shareholders and stakeholders are considered in corporate board rooms.

Bank Got Bailout, CEO Got Golden Parachute

ProPublica | Posted 12.21.2008 | Business


ProPublica

The South Financial Group announced this week that it had been approved to receive $347 million from the U.S. government. But the bank's founder and longtime CEO won't be sticking around.

Where Are the Wall Street Patriots?

Patt Morrison | Posted 12.16.2008 | Business


Patt Morrison

The bailout moolah rules declare that the monster golden parachutes are now things of the past, but since it's our money, we can further dictate what happens to it -- and we definitely should.

Merrill Lynch Executive To Get $10 Million Buyout

Reuters | Posted 11.21.2008 | Business


A top executive at Merrill Lynch & Co Inc (MER.N: Quote, Profile, Research, Stock Buzz), which last month accepted a takeover offer from Bank of Ameri...

Paint McCain a Red-Baiter

Leo W. Gerard | Posted 11.17.2008 | Politics


Leo W. Gerard

The "small government" Bush and Republican Congress increased spending, thus replacing the budget surplus bequeathed them with deficits.

The Six Wise Men of Washington

Mike Bonifer | Posted 11.01.2008 | Business


Mike Bonifer

The second came to Capitol Hill And proclaimed it absolute: What happens now on Wall Street, America follows suit.

Costco and the Great Federal Bailout

Howard Gewirtz | Posted 10.20.2008 | Business


Howard Gewirtz

If you've paid your taxes, you are now the proud owner of unregulated hedge funds, mortgaged-backed junk bonds, etc. In other words, crap.