Tag:
Risky Behavior
Latest Headlines
Latest Headlines
Bank of America's Moynihan a model of CEO compensation
No issue has been more rancorous in the banking industry than executive pay, CEO pay in particular. The rhetoric has been heated on all sides.
But as stock prices have tanked, we're seeing a de facto change in the compensation structure of a few CEOs, chief among them, Brian Moynihan, of Bank
Basel committee issues new capital rules
As expected, the Basel Committee on Banking Supervision unveiled a proposal that would substantially hike capital requirements on large banks deemed "too big to fail". The new rule calls for an additional layer of capital held in reserve of between 1 and 2.5 percent. That's in addition to the prop
Now they're really too big to fail
The idea of a moral hazard on Wall Street is not new, but it is relevant again, as the government keeps on bailing out out the top banks. To some, this is just plain wrong, despite the deleterious economic consequences, because Wall Street banks are never forced to own up to their actions. We'll s
