French CEOs to feel the pinch if Hollande wins - Reuters

French CEOs to feel the pinch if Hollande wins
Reuters
Critics call the cap, which could mean the EDF CEO's pay would slump at least two thirds to no more than about 500000 euros - assuming no potentially controversial legal challenge - a piece of electioneering that could detract from companies' ability ...

and more »

continue reading

Freddie Mac names former E*Trade chief CEO - Reuters

Freddie Mac names former E*Trade chief CEO
Reuters
Previously, Fannie and Freddie CEOs could earn as much as $6 million with deferred pay and bonuses. The scaled-down pay package came in response to mounting political pressure over controversial multi-million dollar salaries given to executives at the ...

and more »

continue reading

Here's What Bruce Berkowitz at Fairholme Is Buying - DailyFinance

Here's What Bruce Berkowitz at Fairholme Is Buying
DailyFinance
The company has seen its shares drop nearly 40% over the past year, but in its favor, its CEO recently took a pay cut and several executives gave back bonuses -- not every Wall Street firm has behaved that way. It was also prescient enough to have ...

and more »

continue reading

Friday Papers: Ofcom escalates probe into BSkyB - Citywire.co.uk

Friday Papers: Ofcom escalates probe into BSkyB
Citywire.co.uk
The Daily Telegraph: Barclays chief executive Bob Diamond is set to lose half his bonus for the year after the bank's financial results showed he was likely to miss a new performance target agreed with shareholders. The Daily Telegraph: Marcus Agius, ...

and more »

continue reading

Goldman Sachs - vampire squid or simply a powerful network? - PublicServiceEurope.com


PublicServiceEurope.com
Goldman Sachs - vampire squid or simply a powerful network?
PublicServiceEurope.com
... bonuses in the same year. Paulson, together with Lloyd Blankfein - Goldman's current CEO - organised the $128bn bail-out of American International Group of which Goldman Sachs received $13bn in respect of credit default swaps underwritten by AIG.

and more »

continue reading