Citigroup raises salaries of 2 top executives; CEO Pandit to continue to receive $1 Citigroup Inc. said its chief financial officer and co-head ...
House Dems: government didn't force Bank of America to take over Merrill, GOP claims cover-up A senior House Democrat says the government didn't ...
BUSINESS IS MISSING IN ACTION American business has been on the defensive for a decade--tarred by scandals at Enron and WorldCom, excoriated for excessive executive pay, and, most recently, scarred by the perception that government has rescued many financial institutions whose greed ...
Singapore's Prime Minister Lee Hsien Loong makes the opening address at the APEC CEO Summit in Singapore, Friday, Nov.13, 2009. (AP Photo/Gemunu Amarasinghe) Copyright 2009 AP News
Report: AIG's Benmosche ready to pack it in after just 3 months due to gov't oversight After just three months as head of embattled insurer American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with ...
Over the past decade, the role of the CISO has morphed from introverted techie into slick businessperson, reports Dan Kaplan. Over the past decade, the role of the CISO has morphed from introverted techie into slick businessperson, reports Dan Kaplan.The year was ...
Milwaukee-based Merge Healthcare, 2 former senior executives settle fraud charges Milwaukee-based Merge Healthcare Inc. and two former senior executives have settled charges by the Securities and Exchange Commission alleging accounting fraud that caused the company's stock to plummet by two-thirds in a ...
Pfizer says shareholders will get nonbinding vote on executive compensation at 2010 meeting Drugmaker Pfizer Inc. said Thursday its shareholders will have input on compensation for company executives starting in 2010. Shareholders will have a nonbinding advisory vote on executive compensation every ...
Administration pay czar says his authority should be limited to big bailout recipients The Obama administration's "pay czar" who reduced pay for executives at seven major corporations doesn't want broader powers over the rest of the financial sector. "I am troubled at ...
WASHINGTON - OCTOBER 28: Kenneth Feinberg (L), special master for executive compensation under the Troubled Asset Relief Program, speaks with Rep. Darrell Issa (R-CA) (R) prior to testimony before the House Oversight and Government Reform Committee October 28, 2009 in Washington, DC. ...
NEW YORK (Reuters) - AIG <AIG.N>, the insurer that received a huge government bail out, said on Friday it is paying $12.1 million in retention awards to some top executives after U.S. pay czar Kenneth Feinberg gave it the green light. In ...
The Obama administration has opted to slash executive salaries at firms rescued by taxpayer bailouts, cutting cash payments by 90 percent amid a public backlash at bloated Wall Street bonuses. In a dramatic government swipe at big business as unemployment nears 10 ...
