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... banking regulator imposed a delay on payment of bank bonuses but rejected a pay cap, under new regulations ... causing the crisis.
There is heated international debate about whether and how such bonuses should be moderated, and the issue is once again controversial because some banks are now paying ... big bonuses as business recovers.
In a circular which takes effect on Jan 1, 2010, the Swiss ...
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... Street pay, bankers are likely to make unusually large gains on the stock grants and options they received after shares in their companies fell sharply during the financial meltdown.
Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term performance. Within months, the financial system began to mend — ...
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... increase on their bonus payments from last year.
The "newsflash" on the bonuses, according to Schultz, is that there is nothing Congress can do to stop it. Frank disagreed, saying Congress has a ... , and that if Congress passed the legislation pending to allow shareholders to vote on bonuses then they would veto these large payouts. The disagreement largely boils down to Schultz ...
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... the Center for Disease Control and the National Institute of Health...
I guess this is why we can't have the public option, all the money goes to the BAILED OUT BANKS STAFF FOR BONUSES AND SALARY...
because they need to be well compensated or they might quit...brain drain from wall street, what a horrible threat to the nation's economy....
oh, wait, these are the people who TRASHED ...
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... the other day when Tim Geithner said we weren't going to let them go back to business as usual. Well, as you point out, there's been a 60 percent increase in bonuses - it's not business as usual, it's better than ever for them.
Chris Dodd is, however, doing the right thing in "swinging for the fences" with his financial reform legislation, Sekoff said, because the ...
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New York Times - By Louise Story - Nov. 08 (Special Report) - Even as Washington tries to rein in Wall Street pay, bankers are likely to make unusually large gains on the stock grants and options they received after shares in their companies fell sharply during the financial meltdown.
NewsTrust Rating: 3.8 average (not enough reviews) - See Reviews » - Review It & ...
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