Nov. 28, 2011 – According to two compensation surveys, bonuses at “big Wall Street firms could see annual compensation sink” from 27% to 40% less than the previous year, report Brett Philbin and Melissa Korn. “An investment-grade bond trader who is a managing director at a top securities firm is likely to make $1.7-$1.8...
Nov. 22, 2011 – To a universal chorus of columnists and bloggers calling him a greedy pig, the man who turned insurance giant AIG into a threat to help destroy the world’s economy initiated suit against the United States for “at least $25 billion.” During the height of the world financial meltdown in September...
Nov. 3, 2011 – The CEO of Chesapeake Energy sold more than 500 antique maps to his company in 2008 form more than $12 million when he found himself short of funds. In a settlement with shareholders who had sued for his excessive payday, Aubrey McClendon agreed to buy these maps back at about...
Nov. 1, 2011 – Pending company mergers and acquisitions are about to make some CEOs very happy, and very rich. Three company chiefs are each scheduled to earn more than $50 million for selling their companies. The Wall Street Journal analyzed company documents and SEC filings regarding pending sales of the companies in question,...
