Executive Pay

Wall Street by JT2016

Wall Street Bonuses Are Same As 2004

January 29, 2009 What Red Ink? Wall Street Paid Hefty Bonuses By BEN WHITE By almost any measure, 2008 was a complete disaster for Wall Street — except, that is, when the bonuses arrived. Despite crippling losses, multibillion-dollar bailouts and the passing of some of the most prominent names in the business, employees at financial […]

Barack Obama by JT2016

Guess What? That Whole “Limit on Executive Pay” Thingy in Bailout is Bunk

Executive Pay Limits May Prove Toothless Loophole in Bailout Provision Leaves Enforcement in Doubt By Amit R. Paley Washington Post Staff Writer Monday, December 15, 2008; A01 Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street executives, so lawmakers included a mechanism for reviewing executive compensation […]