Stephen Hester, the chief executive of Royal Bank of Scotland, was forced to issue a public apology after the bank was unable to say how…
Scott Brown: JPMorgan's Jamie Dimon should return bonusBoston Herald“The way for Jamie Dimon to demonstrate his seriousness about the mistakes that led to JPMorgan's $2 billion trading loss is to take back bonuses and incentive …and more&nb…
Slide presentation from Dallas Fed – EXCELLENT! The Federal Reserve Bank of Dallas said taxpayer aid to failing banks should come only after the voiding of…
Friday provided a new low, but it wasn’t really the “type” of new low I was looking for — it was too shallow. So there are still several options open. As I stated on March 16, when I suggested a turn was coming, the bigger question is…
Wall Street Employees Threaten To Quit If Bonuses Aren’t Up To Snuff
The Huffington Post Jillian Berman
First Posted: 1/9/12 09:59 AM ET Updated: 1/9/12 01:57 PM ET
For some on Wall Street, a less-than-stellar bonus is simply too much to bear.
Br…
Signs of Economic Recovery: Big, Bouncy Executive Bonuses
You know our economy is rebounding when the rich are getting richer without the government’s help. Bonuses for the chief executives at 50 major corporations jumped a median of 30.5 percent fo…