Golden Parachutes

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

Steve Parker | Posted 12.18.2008 | 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 12.06.2008 | 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 12.03.2008 | 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 11.16.2008 | 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 11.14.2008 | 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...