Wall Street Bonuses

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Goldman Sachs Execs Skirt Christmas Party Ban

Posted 11.20.2009 | Business

Read More: Goldman Sachs, Holiday Parties, Christmas Parties, Christmas, Banks, Bonuses, Bank Bonuses, Wall Street Bonuses, Business News

At Goldman Sachs, tis the season of giving. Not only is the firm lavishing huge bonuses on its employees, but its executives are finding ways around t...

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Martin Wolf: Wall Street Bonuses Should Be Subject To A Windfall Tax

Martin Wolf | Posted 11.20.2009 | Business

Read More: Martin Wolf, Bank Bonuses, Wall Street Bonuses, Windfall Profits Tax, Bonus Outrage, Business News

Windfall taxes are a ghastly idea. They are a sop to prejudice, a burden on risk-taking and a form of arbitrary confiscation. No sensible person shoul...

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Goldman Sachs Shareholders Ask Bank To Cut Down HUGE Bonuses

Posted 11.20.2009 | Business

Read More: Lloyd Blankfein, Goldman Sachs, Goldman Sachs Shareholders, Financial Reform, Alliancebernstein, Banks, Bonuses, Bank Bonuses, Wall Street Bonuses, Business News

Think of it as an atypical example of "shareholder activism." Several of the biggest shareholders of Goldman Sachs -- which, it should be noted, has m...

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Human Vs. Predator: Who Will Be Master?

Tom Sullivan | Posted 11.20.2009 | Business

Read More: Elizabeth Warren TARP, Elizabeth Warren, Capitalists, Wall Street Bonuses, Corporate Culture, Business News

The difference between a privately owned business and a public corporation is indeed personhood and personal responsibility. The birthers want to see Obama's birth certificate? I want to see Goldman Sachs' and Halliburton's.

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Goldman and the Smell of Guilt

Charles Gasparino | Posted 11.18.2009 | Business

Read More: Lloyd Blankfein, Goldman Sachs, JP Morgan, Wall Street, Wall Street Bonuses, Barack Obama, Citigroup, Business News

What CEO bypasses shareholders in an attempt to buy off public outrage over billion dollar bonuses if such outrage isn't justified in the first place?

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Buffett, Bonuses and Executive Greed

Alice Schroeder | Posted 11.16.2009 | Business

Read More: Berkshire Hathaway, Goldman Sachs, Warren Buffett, Corporate Greed, Alice Schroeder, Wall Street Bonuses, Business News

Warren Buffett is such an important voice in the business world that, single-handedly, he could influence the way Corporate America is paid.

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Bill Gates: Wall Street Pay Is "Often Too High"

Reuters | Michelle Nichols | Posted 11.12.2009 | Business

Read More: Wall Street, Financial Bailout, Bill Gates, Wall Street Pay, Fiscal Policy, Wall-Street-Bonuses, Business News

Bill Gates said on Wednesday he believes Wall Street pay is "often too high" and that U.S. government ownership of American International Group Inc wo...

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New York Times Blames Workers for Unemployment?

Les Leopold | Posted 11.16.2009 | Business

Read More: Unemployment, Bailout, Wall Street, Economic Crisis, Financial Crisis, Ben Bernanke, Wall Street Bonuses, Great Depression, Business News

A column in the Business section was about how the American worker is overpaid. They claim that if workers don't take cuts, these "overpaid" working stiffs will be the cause of another Great Depression.

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Severance Packages Provide False Sense Of Comfort

wsj.com | MARY PILON | Posted 11.10.2009 | Business

Read More: Severance Pay, Wall Street Crisis, Wall Street Bonuses, Fiscal Policy, Economic Crisis, Business News

The long-term jobless rate hits its highest point on record. More than a third of those who are out of work have been looking for more than six months...

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Calling on Kids of Investment Bankers, for Kids Who Aren't

Dr. Orin Levine | Posted 11.11.2009 | Impact

Read More: Wall Street Bonuses, Charity, Diarrhea, Pneumonia, Horace Mann, Dalton, Bill Gates, Save the Children, Vaccines, Pneumonia and Diarrhea, Gavi, Impact News

If you're at a school where your parents and your parents' friends might be investment bankers, ask them this week if they have ever considered investing in the life of a child in the developing world.

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Wall Street Bonuses At Big Three Banks May Be Up 60% From Last Year

bloomberg.com | Michael J. Moore and Ian Katz | Posted 11.10.2009 | Business

Read More: JPMorgan Chase, Goldman Sachs, CEO Pay, Morgan Stanley, Bailout, Financial Reform, Banks, Big Three Banks, Bank Bonuses, Wall Street Pay, Wall Street Bonuses, Business News

Nov. 9 (Bloomberg) -- Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis sin...

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Goldman Sachs Not Doing "God's Work," Says Satan

Andy Borowitz | Posted 11.09.2009 | Comedy

Read More: Lloyd Blankfein, Satan, Goldman Sachs, Andy Borowitz, God, Wall Street, God's Work, Wall Street Bonuses, Comedy News

While Satan said he was "delighted" by the bonuses being paid out to Wall Street executives this year, he was clearly miffed that his role in the financial firms' successes had been largely ignored.

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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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Pay Czar's Reforms May Not Restrict Wall Street Pay, Overall Pay Likely WON'T Fall

bloomberg.com | Ian Katz | Posted 11.06.2009 | Business

Read More: Goldman Sachs, Wall Street, Financial Reform, Banks, Aig, Financial Crisis, Pay Czar, Wall Street Pay, Kenneth Feinberg, Wall Street Bonuses, Pay Reform, Citigroup, Business News

Corporate governance and compensation experts say new rules will mostly help eliminate plans like those that tied bonuses to the number of subprime mo...

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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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Wall Street Demands Bonuses, Or Else:Bloomberg

bloomberg.com | Susan Antilla | Posted 11.03.2009 | Business

Read More: Wall Street Crisis, Unemployment, Wall Street, Wall Street Bonuses, New York Stock Exchange, Business News

Finance's version of Audrey II is thrashing about with threats that, crisis or not, they'd better get their extravagant pay and light-touch regulation...

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Barclays Bonuses: Less Cash, More Stock Could Be Model For Other Banks

Dealbreaker.com | Bess Levin | Posted 11.03.2009 | Business

Read More: Barclays-Capital, Wall Street, Wall Street Bonuses, United Kingdom, Barclays, Business News

British-based Barclays Capital may be a bellwether for Wall Street's bonus season. The bank is ratcheting up stock payments to its execs and axing the...

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A Systemic Risk Regulator and a Compensation Tsar? Larry Summers and Ben Bernanke Must Be Kidding

David Paul | Posted 11.03.2009 | Business

With the announcement of record Wall Street bonus pools and rising credit card fees, it is time to sit back and see where we go from here.

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Bankers Expect Rising Bonus Pay To Break Records

Bloomberg | Robert Schmidt and Ian Katz | Posted 10.29.2009 | Business

Read More: Main Street, Wall Street Bonuses, Wall Street, Bonuses, Bonus, Business News

In Washington and on Main Street, politicians and voters are railing against Wall Street's multi- million-dollar pay packages. In the financial world,...

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Bust Up the Banks Before it's Too Late

Diane Francis | Posted 10.27.2009 | Business

Read More: Goldman Sachs, Goldman Sachs Bonuses, Banks, Banking Crisis, Bonuses, Bank Bailout, Bank Bonuses, Wall Street Bonuses, Glass-Steagall, Banking-Crisis, Business News

The world's concentrated financial sector has been grabbing more than its fair share of wealth. We desperately needs Glass-Steagall on steroids.

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AIG's Misguided TARP-Funded Bonuses

Rep. Edolphus Towns | Posted 10.28.2009 | Business

Read More: Tarp, Aig, Banking Crisis, Financial Crisis, Bailout, Wall Street, Wall Street Bonuses, Aig Bonuses, Business News

The American people have been eager to understand how the government failed to prevent bonus payments from going out the door -- payments that were paid out with their taxpayer dollars.

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Why Growing Income Inequality Is Bad for America

Robert Creamer | Posted 10.27.2009 | Politics

Read More: Howard Rosenthal, Jared Diamond, Aig, Cigna Insurance, Bi-Partisanship, Wall Street Bonuses, Distribution of Income, Nolan McCarty, Wall Street Bail Out, J.P. Morgan Chase, Public Option, Regulatory Reform, Political Polarization, Paul Krugman, Kevin T. Poole, Health Insurance Reform, Politics News

The CEO of the average company in the S&P Index makes $10.5 million. That means that on the first workday of the year, he (sometimes she) has made more than the minimum wage workers in his company will make all year.

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My City Is Being Invaded by Banksters

Matthew Filipowicz | Posted 10.24.2009 | Business

Read More: American Banking Association, Aba, Bonus Outrage, Banksters, Wall St, Goldman Sachs, Aig, JPMorgan Chase, Wall Street Crisis, Showdown in Chicago, Bailout, Lehman Brothers, Chicago, Seui, Bonuses, Wall Street Bonuses, American Bankers Association, Business News

In mere days, my city, Chicago will be overrun by the worst of the worst. The lowest of the low. Criminals who have affected more lives than any mug...

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Wall Street Posts Strong Gains on Knowledge It Can Do Whatever the F*** it Wants

Jerome Halligan | Posted 10.23.2009 | Comedy

Read More: U.S. Economy, Wall Street Bailout, Wall Street Crisis, Wall Street, Wall Street Bonuses, Economy, Economic Crisis, Comedy News

The Dow Jones Industrial Average soared above 10,000 again Tuesday, chiefly on the strength of a report that Wall Street executives can do "basically anything they f***ing want, whenever they f***ing want."

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