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What to make of bonuses at top banks

To pay bonuses, or not to pay bonuses? That's a huge question right now, and it has taken on cosmic political ramifications. The House, led by Rep. Henry Waxman, is outraged and demanding information... Read more...

As securities industry drowns, bonuses remain unsinkable

Stocks are plummeting, securities firms are toppling, a $700 billion government bailout is underway and Americans are furious over executive compensation. But even as financial markets flounder,... Read more...

At banks, traders take losses for the team

We all have heard the stories of how some hedge funds hit grand slams by betting against subprime-related mortgages. The New York... Read more...