Arch Coal of St. Louis is one of the companies taking advantage of a remarkable Bureau of Land Management (BLM) decision in 1990. Wyoming’s Powder River Basin was decertified by the BLM as a coal production region–despite the fact it produced 44% of the nation’s coal. Decertifying the area opened the door for one-company...
Peabody Energy Company paid their CEO $10,217,593 total compensation* in 2011. He was worth every penny and more. Gregory H. Boyce has positioned his St. Louis, Mo. company to be the sole bidder at a so-called auction to mine 721 million tons of coal on federal land in Wyoming according to in The Washington...
Press reports over the past a few weeks repeated that market-making banker Goldman Sachs had reduced the stock bonus of their CEO, as reported in CEO Payday two days ago. Consider this an immediate retraction. The previous reports were simply a smokescreen according to a Wall Street Journal analysis reported today based on Goldman Sachs SEC...
One of the stars of the hedge fund industry was fined £7.2 million in January by the U.K. ($11 million). David Einhorn, along with his firm Greenlight Capital, was ruled to have crossed the line for insider trading. “This was a serious case of market abuse by Einhorn,” according to the British Financial Services...
Dec. 16, 2011 – The CEO of Zynga, the company that sells millions of dollars of imaginary animals and goods to gamers on Facebook and elsewhere, decided the company should buy some of his stock in March, months before it was to go public. Mark Pincus paid himself $109 million when he sold a...
Oct. 31, 2011 – Nabors Industries, a company which provides contract drilling services headquartered in Bermuda, is parting ways with longtime chief executive Eugene Isenberg. As Isenberg leaves, he “is contractually entitled to a $100 million payment in the event he is fired or that the firm otherwise makes a change in control,” according...
