Banks to pay billions in bonuses

The government is resigned to UK banks paying billions of pounds in bonuses, despite its calls to curb the payments, the BBC learns.

BBC World News - Banks to pay billions in bonuses
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2. Pay Czar To Banks: Give Back Your 2008 Bonuses
Pay czar Ken Feinberg is getting ready to stick it to Wall Street again, preparing to demand, or "claw back", bonus money that some banks paid out during the bailout year of 2008, ...
http://www.huffingtonpost.com/2010/07/20/pay-czar-to-banks-give-ba_n_652813.html

3. Report Shows Bonuses Paid by Bailed-Out Banks - NYTimes.com
... giving themselves nearly $20 billion in bonuses as the economy was faltering and the government was spending billions to bail out financial ... directly for their personal contribution. Many banks partly base their bonuses on overall results, but Mr.
http://www.nytimes.com/2009/07/31/business/31pay.html?hp

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5. Report Shows Bonuses Paid by Bailed-Out Banks - NYTimes.com
Morgan Stanley awarded seven-figure bonuses to 428 employees. Even at weaker banks like Citigroup and Bank of America , million-dollar awards were distributed to hundreds of workers. ... All the banks named in the report declined to comment.
http://www.nytimes.com/2009/07/31/business/31pay.html?_r=1&hp

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7. Wall Street bankers in line for $70bn payout | Business | The Guardian
Staff at six banks set to to pick up huge payouts despite being beneficiaries of the $700bn US bail-out ... Financial workers at Wall Street's top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is ...
http://www.guardian.co.uk/business/2008/oct/17/executivesalaries-banking

8. Report Shows Bonuses Paid by Bailed-Out Banks - NYTimes.com
... “shameful” for giving themselves nearly $20 billion in bonuses as the economy was faltering and the government was spending billions to ... All the banks named in the report declined to comment.
http://www.nytimes.com/2009/07/31/business/31pay.html?scp=3&sq=goldman%20bonus&st=Search


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January 7th, 2011

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Busby SEO

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