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Golden Parachutes

Daley raises $800k, demands campaign reform; Poll: Rutherford leads GOP pack; Government golden parachutes you pay for

Matthew Dietrich | Posted 08.31.2013 | Chicago
Matthew Dietrich

2014 Democratic gubernatorial candidate Bill Daley tweeted Sunday night that he has raised $800,000 since announcing his candidacy three weeks ago. He...

Oil CEO Gets $260 Million On His Way Out The Door

The Huffington Post | Posted 03.28.2013 | Business

It's not news that CEOs get paid way more than you do, but recent reports reveal that some are getting paid even more not to come to work anymore. ...

Arthur Delaney

Former Gannett CEO Battling Ostentatious Display Of Wealth Next Door

HuffingtonPost.com | Arthur Delaney | Posted 04.24.2012 | Media

WASHINGTON -- The golden parachute CEO of a giant media company is battling the construction of a new mansion in his wealthy Washington, D.C. suburb. ...

As Company Is Collapsing, GateHouse Media Awards $1.4 Million in Bonuses

Randy Turner | Posted 05.13.2012 | Media
Randy Turner

Only a few short weeks after announcing a centralization of layout and copy editing that will cost jobs at its more than 300 newspapers across the nation, GateHouse Media revealed it has awarded hefty bonuses to its top four executives.

CEOs With Huge Golden Parachutes

The Huffington Post | Harry Bradford | Posted 01.21.2012 | Business

It's not just executive compensation that's on the rise. A very solid number of executives at major corporations have also received payouts that Mothe...

I Hear You, Occupy Wall Street

Clint Reilly | Posted 11.30.2011 | San Francisco
Clint Reilly

In the wake of a continued corporate sycophancy from the country's hard right, it is encouraging to see a movement brave enough to address the problem of American inequality and pragmatic enough to include all those who suffer as a result.

A Golden Parachute For Tony Hayward? Doubtful, Compensation Experts Say

CNN Money | Ben Rooney | Posted 05.25.2011 | Business

NEW YORK (CNNMoney.com) -- If embattled BP chief executive Tony Hayward leaves the company, he is not likely to walk with a massive windfall, compensa...

Pay Czar Kenneth Feinberg To Review Executive Pay At Bailed-Out Firms

AP | STEVENSON JACOBS and DANIEL WAGNER | Posted 05.25.2011 | Business

NEW YORK — The Obama administration's pay czar is launching a review of compensation for 25 top executives at all financial firms that received ...

Five Mistakes by DC and Detroit Hurt Detroit Three's Survival Shances

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Sen. Reid's new bailout bill for the Detroit Three does not set additional fuel-economy requirements, nor does it establish a government oversight board. That's two strikes against getting our money's worth.

Lehman CEO Fuld To Be Terminated Without Golden Parachute

New York Times | Posted 05.25.2011 | Business

The chief executive of the failed Lehman Brothers, Richard S. Fuld Jr., will be "terminated" by the investment firm without any bonus, a lawyer for Le...

Golden Parachutes, Even For Bailed-Out Execs, Are Alive And Well

Sean-Paul Kelley | Posted 05.25.2011 | Business
Sean-Paul Kelley

The executives can get a huge bonus or salary or golden parachute, all they have done is not make it tax deductible if it is over $500,000.

Another AIG Party: $86,000 Worth Of Partridge Hunting

Business Sheet | Caroline Waxler | Posted 05.25.2011 | Business

But the UK's News Of The World via The NY Daily News has some juicy details, obtained from a spywitness!: In interviews with undercover reporters, th...

Will Banks Really Have To Curb CEO Pay?

DealBook | Cyrus Sanati | Posted 05.25.2011 | Business

The government's rules specify that participating banks must claw back payments to senior executives if those payments were "based on statements of ea...