The Securities and Exchange Commission on Tuesday approved a measure that gives institutional shareholders a vote on executive pay at large corporations, part of regulators’ efforts to give investors greater say over top-level …
To wrap your head around how much someone like Larry Ellison makes, try comparing his compensation to the median income of an American household — $49,777. His 2008 take of $543 million is the equivalent of the annual earnings…
Bankers worldwide are expecting smaller bonuses this year. Still, they will be hard pressed to find much sympathy as their base salaries were boosted — in some cases doubled — this year to compensate for the lower year-end bo…
Goldman Sachs Group’s (GS) top executives will receive about $111.3 million worth of stock next month in delayed compensation for their work in 2009 and 2007.
CEO Lloyd Blankfein will receive about $24.3 million in January, Bloomberg News reported. G…
Though most Americans wish that Congress would rein in excessive pay on Wall Street, that won’t happen while the huge campaign contributions keep flowing. And the financial industry’s big money shell game drains away something …