Tag:
pay
Latest Headlines
Latest Headlines
Goldman partners' huge options grants pay off
In the dark days of 2008, Goldman Sachs ( NYSE: GS ) did what no other top investment bank did: it made a gargantuan grant of options to employees, nearly 36 million options, mainly to the partners. That compares with the previous year's grant of just 3.5 million options. The new grants were so
Feinberg may force banks to give money back to government
Many banks are no doubt wishing that pay czar Kenneth Feinberg ( Kenneth Feinberg news) would quickly move to his new assignment as administrator of BP claims. He's been enough of a thorn in their sides to cause discomfort--but not enough of a merely caustic gadfly to be dismissed. His approac
One solution to the pay conundrum
Too bad AIG didn't think of this. Credit Suisse has raised eyebrows for its plan to pay out part of its bonuses in toxic assets. Typically, bankers at Credit Suisse get about half of their bonuses in cash. For the rest, such as managing directors (of those who got a bonus anyway) they were forced
