1 day ago by Tom Petruno

--- Europe’s markets bounce off lows: After last week’s rout stocks mostly closed higher in the euro zone Monday, although Greece -- the epicenter of Europe’s government-debt fears -- saw its market sink about 3.9%. Economist Simon Johnson warns that the European mess risks a global downward spiral. ...

Money & Company - latimesblogs.latimes.com/money_co · Rank: 1,124 · 583 references

1 day ago by By DEALBOOK

Kenneth R. Feinberg, the Treasury Department's special master on executive compensation, said Monday that Lloyd C. Blankfein, chief executive of Goldman Sachs, consulted with him on the firm's pay plans and adopted his "prescriptions."

Financial Services - financialservices.invermont.net

2 days ago by TJSky

Jamie Dimon, the Chief Executive for JP Morgan (a bailout recipient), received a $16 million compensation package for 2009. Are you fucking kidding me? You reported a $11 billion profit in 2009 because we gave you $25 billion to get yourself back on your feet. Did the economy bounce back and no one ...

The Dirty Sun - thedirtysun.com

3 days ago

Those US bankers just don't get it. Goldman Sachs has stunned everyone by giving its chief executive Lloyd Blankfein a $9 million year end bonus. It's no cash, just stock. But with the Goldman Sachs share price sitting at over $154, he's really raking it in.All this is in contrast to the pay for ord ...

Sox First - soxfirst.com · Rank: 10,639 · 317 references

5 days ago by By DEALBOOK

All of Wall Street is awaiting the answer to the question that it has been chewing on for months: How much will Lloyd C. Blankfein be paid for his remarkable - and controversial - success in running Goldman Sachs?

Financial Services - financialservices.invermont.net

6 days ago by By DEALBOOK

Treasury Secretary Timothy F. Geithner said Wednesday that the American International Group's contracts to pay hundreds of millions of dollars in bonuses were "outrageous" and appealed to Congress to help recoup the payments.

Financial Services - financialservices.invermont.net

6 days ago by By DEALBOOK

The American International Group has agreed to cut employee bonuses by $20 million and will distribute about $100 million on Wednesday, according to people familiar with the negotiations.

Financial Services - financialservices.invermont.net

6 days ago by By DEALBOOK

Representative Barney Frank, chairman of the House Financial Services Committee, contends regulators should force companies to disclose the compensation for their best-paid employees, potentially forcing Wall Street to reveal how much top traders and money managers earn.

Financial Services - financialservices.invermont.net

7 days ago by By DEALBOOK

It's Wall Street's favorite guessing game: How big a bonus will Goldman Sachs give Lloyd C. Blankfein, its chief executive?

Financial Services - financialservices.invermont.net

8 days ago by Tom Petruno

--- The Fed says credit has stopped getting tighter: "Commercial banks generally ceased tightening standards on many loan types" at the end of last year, the central bank’s new lending survey says. But that doesn’t mean that credit is easier. Banks “have yet to unwind the considerable tightening tha ...

Money & Company - latimesblogs.latimes.com/money_co · Rank: 1,027 · 938 references