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It’s like arresting jaywalkers while ignoring the bank robbery that’s happening in broad daylight down the block...Twenty-five of the biggest earners at each of those firms will see their overall pay cut roughly by half, and most of that compensation...
Tags: pay czar, Bank of America, U.S. House of Representatives, obama administrative, pay packages, executive pay
The Obama administration's pay czar is planning to clamp down on compensation at firms receiving large sums of government aid by cutting annual cash salaries for many of the top employees under his authority, according to people familiar with the matter.
Tags: pay czar, obama administration, Obama, pay packages, received large, Kenneth Feinberg
Is Bank of America really doing well enough to get off the government dole? The Charlotte, N.C., bank is talking with regulators about repaying some of its $45 billion of Troubled Asset Relief Program debts, the Wall Street Journal reported Tuesday.
Tags: Bank of America Corp., Is Bank of America, Merrill Lynch & Co., Bank of America Wants, pay czar, Wells Fargo, The Wall Street Journal, assets relief, pay packages, troubled assets
Northwest executive pay has decreased in the past year in a reflection of the economic downturn. Median pay for the chief executives of publicly traded companies in Washington, Oregon and Idaho dropped 6 percent this past year to $1.18 million, an analysis...
Tags: Northwest, ceos pay, pay packages, Idaho, Washington, publicly traded, traded companies, paid non, Oregon, total compensation
Ky. — Verizon Communications Inc. shareholders have overwhelmingly endorsed the pay package for its top executives. Bill Jones of the Association of BellTel Retirees - says the 90 percent vote in favor of the package shows most shareholders are pleased...
Tags: Verizon Communications Inc., pay packages, verizon shareholder, annual meeting
Shareholder rebellion over executive pay packages at Punch Taverns Shareholders at Punch Taverns, the crisis-stricken pub landlord group, have delivered a strong protest vote over the latest pay packages offered to the firm's chief executive, Giles Thorley,...
Tags: Punch Taverns Shareholders, Giles Thorley, pay packages, chief executive
D7 The soaring energy industry took top executives along for the ride last year, lifting pay an average 31 percent for leaders of publicly traded companies in town even as the national economy soured, according to the Chronicle's annual survey. "If you...
Hedge fund professionals saw their pay climb 50 percent in 2007 despite the pain from the credit crunch and the increase in market volatility, a report from Alpha Magazine showed on Monday. The survey of more than 800 people at nearly 600 firms found...
Tags: pay packages, hedge fund, U.S