Jul 30th, 2009
Astonishing news coming from the AP today, which reported the findings from NY Attorney General’s investigations into the 2008 bonus compensation reports of bailed-out banks like Citigroup and Bank of America. And the results aren’t pretty.
Jul 29th, 2009
Following all that news about banking executive jerks receiving massive bonuses while their companies crumbled, it seems like Congress is starting to listen to angry taxpayers.
Jul 1st, 2009
According to Bloomberg, the Average Joe may finally get a voice in Executive Pay at bailed-out banks.
Remember last fall when the news broke about top executives at failing banks getting millions in bonus compensation? The populist rage that followed seems to have hit a nerve with the SEC, whose members are now getting feedback about whether bank shareholders should get a voice on Executive pay.