Holiday News| More...
 

Wall Street Pay

Cuomo Details Bonuses From Bailed-Out Banks

AP | Stephen Bernard, AP Business Writer | Posted 08.30.2009 | Business

Read More: Bank of America, JPMorgan Chase, Citigroup, Andrew Cuomo, Bailout, Bank Bouses, Wall Street Pay, Tarp, Bank Pay, Business News

NEW YORK (AP) -- Citigroup Inc., one of the biggest recipients of government bailout money, gave employees $5.33 billion in bonuses for 2008, New York...

Read Whole Story

Big Bonuses Are Back On Wall St. (VIDEO)

Posted 08.28.2009 | Business

Read More: Citigroup, Morgan Stanley, Andrew Hall, Bailout, Wall Street Pay, Recession, Wall Street Compensation, Business News

He owns a 1,000-year-old castle. He's could get a $100 million bonus this year. And, believe it or not, he works for a bank that's 33 percent owned by...

Read Whole Story

Pay Czar To Begin Reviewing Pay At 7 Bailed-Out Firms

New York Post | Posted 08.27.2009 | Business

Read More: Gmac, Gm, Bank of America, Chrysler Financial, Kenneth Feinberg, Wall Street Pay, Aig, Pay Czar, Pay Restrictions, Citigroup, Business News

Six weeks into his tenure as President Obama's compensation czar, Kenneth Feinberg has his sights set on pay packages he thinks are too rich for compa...

Read Whole Story

Bailed-Out Banks Raising Pay For Execs

Washington Post | Tomoeh Murakami Tse | Posted 08.22.2009 | Business

Read More: Executive Pay, Wall Street, Bailout, Bailout Banks, Executive Compensation, Wall Street Pay, Wall Street Compensation, Business News

NEW YORK, July 22 -- Wall Street's biggest banks are setting aside billions of dollars more to pay their executives and other employees just months af...

Read Whole Story

Wall Street Pay Approaches 2007's Record Highs

The Wall Street Journal | AARON LUCCHETTI | Posted 08.01.2009 | Business

Read More: Morgan Stanley, Wall Street Salary, Goldman Sachs Bonuses, Goldman Sachs, Wall Street Pay, Wall St., Morgan Stanley Bonuses, Wall Street, Wall Street Bonuses, Business News

Financial markets are recovering and the jostling for talent is intensifying as securities firms once again are making money -- and they look set to s...

Read Whole Story

Martin Wolf: Why Obama's Financial Reforms Won't Work

ft.com | Martin Wolf | Posted 07.25.2009 | Business

Read More: Financial TImes, Wall Street Pay, Financial Crisis, Martin Wolf, Obama Financial Reform, Recession, Financial Regulation, Business News

Proposals for reform of financial regulation are now everywhere. The most significant have come from the US, where President Barack Obama's administra...

Read Whole Story

Goldman Sachs To Pay Record Bonuses

The Observer | Phillip Inman | Posted 07.23.2009 | Business

Read More: Wall Street Pay, Goldman Sachs, Wall Street Bonuses, Business News

Staff at Goldman Sachs staff can look forward to the biggest bonus payouts in the firm's 140-year history after a spectacular first half of the year, ...

Read Whole Story

Barney Frank Pulls Plug On CNBC: "This Interview Is Over!"

The Huffington Post | Ryan McCarthy | Posted 07.12.2009 | Business

Read More: Compensation Rules, Barney Frank Bailout, Executive Pay, Barney Frank, Wall Street Pay, Pay Restrictions, House Financial Services Committee, Barney Frank Cnbc, Cnbc Barney Frank, Barney Frank on Cnbc, Barney Frank Cnbc Walk Off, Barney Frank and Cnbc, Barney Frank Walk Off, Barney Frank Storms Off, Barney Frank Cnbc Interview, Business News

Barney Frank, the chairman of the House Financial Services Committee and a vocal critic of Wall Street pay, appeared on CNBC this morning to talk abou...

Read Whole Story

Executive Pay: Treasury to Set Top Compensation At 7 Companies

nytimes.com | STEPHEN LABATON | Posted 07.12.2009 | Business

Read More: Treasury Department, Wall Street Bailout, Chrysler, Bank of America, Gm, Aig, Gmac, Bailout, Tim Geithner, CEO Compensation, Chrysler Financial, Wall Street Pay, Executive Compensation, Compensation-Rules, Pay Restrictions, Citigroup, Business News

WASHINGTON -- The Obama administration's sweeping new proposal to restrict executive pay is likely to be a humbling exercise for seven of the nation's...

Read Whole Story

Geithner Talks Compensation Rules (VIDEO)

The Huffington Post | Ryan McCarthy | Posted 07.11.2009 | Business

Read More: Corporate Compensation, Compensation Rules, Wall Street Pay Caps, Tim Geithner, Compensation Comitteees, Wall Street Pay, Business News

Treasury Secretary Timothy Geithner spoke to reporters today about the much-rumored restrictions on Wall Street compensation. Geithner said: "We'd lik...

Read Whole Story

Obama Admin To Issue New Wall Street Pay Limits

AP | JIM KUHNHENN | Posted 07.10.2009 | Business

Read More: Wall Street Pay Curbs, Timothy Geithner, Wall Street CEO Pay, Wall Street, Wall Street Pay, Business News

WASHINGTON — Nearly three months after American International Group bonuses provoked an angry reaction in Congress, the Obama administration is ...

Read Whole Story

Citigroup Bonuses: Bank Pays Millions To London Traders

The Huffington Post | Ryan McCarthy | Posted 07.10.2009 | Business

Read More: Tarp Bailout, CEO Pay, Citigroup Bailout, Troubled Asset Relief Program, London Bonuses, Wall Street Pay, Executive Compensation, Citigroup, Business News

The timing couldn't be better. With the Obama administration readying new compensation guidelines for certain financial companies, Forbes reported Tue...

Read Whole Story

Citigroup Bonuses: Bank Paying Millions To Attract Talent

The Huffington Post | Ryan McCarthy | Posted 07.10.2009 | Business

Read More: Treasury Department, Citigroup, Executive Compensaton, Bailout, Wall Street Pay, Tim Geithner, Banking Crisis, Stefanos Bitzakidis, Tarp, Rachel Lord, Business News

LONDON -- Treasury Secretary Timothy Geithner is set to unveil his much-anticipated guidelines on investment banking pay this week. But he may be too ...

Read Whole Story

Obama Plans Sweeping New Regulations Of Executive Pay

New York Times | STEPHEN LABATON | Posted 04.21.2009 | Politics

Read More: Obama Administration, Wall Street, Wall Street Pay, Obama Executive Pay, Barack Obama, Pay Regulation, Bonus Outrage, Politics News

The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a ...

Read Whole Story

Outrage Growing Over Executive Pay

Washington Post | Heather Landy | Posted 12.16.2008 | Business

Read More: CEO Pay, US Economy, Wall Street Pay, Executive Pay, Business News

The public's indignation over lavish executive pay has rippled beyond the circles of activist investors and corporate governance watchdogs, who for ye...

Read Whole Story

No curbs on Wall Street pay despite meltdown

AP | RACHEL BECK and JOE BEL BRUNO | Posted 11.24.2008 | Business

Read More: Wall Street Salaries, Wall Street, Wall Street Pay, CEO Salaries, Business News

NEW YORK — Despite the Wall Street meltdown, the nation's biggest banks are preparing to pay their workers as much as last year or more, includi...

Read Whole Story

Wall Street Facing Biggest Ever Single-Year Decline In Pay

New York Times | PATRICK McGEEHAN | Posted 08.03.2008 | Business

Read More: Stock Market, Wall Street Bonuses, Wall Street, Wall Street Pay, Business News

Government officials in New York are preparing for what could be the biggest single-year decline in pay on Wall Street in history and with it a vexing...

Read Whole Story