The leading source for credible citizen reporting

Help | Login | Join Allvoices

Mainstream News

This event is older than two months and is no longer active. Some links older than two months could be broken.

Click here to post a new related report

Bankers prosper as banks suffer / Report shows execs did well; now panel in Congress will probe compensation

Source: San Francisco Chronicle

Washington : DC : USA | about 1 year ago

0 0

PST Washington -- Top banking industry executives earned hundreds of millions of dollars through their salary, retirement and stock sales last year while their companies got scorched by the mortgage market meltdown, a congressional report said

Reach
Credibility

More News From: Washington : DC : USA

News Stories

Whom Do Consultants On Pay Work For?

News Source: Washington Post | about 1 year ago

House Report Says Countrywide Adviser Boosted CEO Among those appearing at a House hearing on executive compensation were Angelo R. Mozilo, top, Countrywide Financial chief executive; Richard D...Mozilo, top, Countrywide Financial chief executive;...
Chiefs’ Pay Under Fire at Capitol

News Source: The New York Times | about 1 year ago

Chiefsï¿½ Pay Under Fire at Capitol Doug Mills/The New York Times Charles Prince, former chief of Citigroup; Richard D. Parsons, former chair of Citigroup's compensation committee; E. Stanley O'Neal, former chief of Merrill Lynch; John Finnegan,...
Congress puts fallen titans on the spot over huge payouts

News Source: The independent | about 1 year ago

On the hot seat before the House Committee on Oversight and Investigations were Stanley O'Neal, Charles Prince and Angelo Mozilo, respectively the former heads of Merrill Lynch, Citigroup and Countrywide Financial before being swept off their...
Congress spotlights executive compensation

News Source: Austin America-Statesman/Texas Longhorns | about 1 year ago

Angelo Mozilo, founder and former CEO of Countrywide Financial Corp., second from right, testifies before the House Oversight and Government Reform Committee on Friday. From left, corporate executives Charles Prince, Richard Parsons, Stanley O'Neal...
US reports massive job losses

News Source: Al Jazeera | about 1 year ago

Ed Lazear, the White House's top economic advisor, did not rule out negative economic growth for the current quarter. "This quarter will probably be our weakest quarter. Whether you call that a recession or not is something that we won't know for...
Execs defend big severance packages

News Source: United Press International | about 1 year ago

March 7 (UPI) -- A House oversight panel quizzed three U.S. financial executives Friday about receiving huge salaries while their companies suffered huge losses. Two of the three execs lost their jobs after the subprime mortgage market collapsed --...