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Showing 821 - 830 of 917 results for "Compensation"

Bonus hocus pocus

BENJAMIN ONG  |  MONDAY, 30 MAR 2009
... Merrill Lynch & Co., people familiar with the proposal said.' "The concepts we are considering would not increase total compensation," Brian Moynihan, Bank of America's president of investment banking and wealth management, wrote yesterday in a memo ...

Treasure for trash

BENJAMIN ONG  |  TUESDAY, 24 MAR 2009
... would not be able to hand out bonuses to their executives. Note that 'the plan' does not include company executive compensation restrictions. Selling these garbage below the price recorded on their balance sheets would result in capital losses, then ...

State Street scores $1bn mandate

RUTH LIEW  |  FRIDAY, 16 JAN 2009
... Federal Home Loan Bank of Seattle. The logic behind this, it said, is to ensure that the fund is "receiving fair compensation for its investment, while providing liquidity to the Alaskan economy through the state's banking system." The Alaskan Permanent ...

APRA to review exec pay

ALEX DUNNIN  |  WEDNESDAY, 10 DEC 2008
... are already subject. APRA Executive Member John Trowbridge said, "APRA does not intend to focus on the levels of compensation paid to executives. APRA will concentrate instead on the structure of executive remuneration and, in particular, on the incentives ...

Masu settles Westpoint case

MICHAEL HOBBS  |  FRIDAY, 28 NOV 2008
... sold Westpoint products. ASIC announced it was taking legal action against Westpoint Group for investors seeking compensation for their failed investments in November last year. Besides Masu Financial Management, the action included Bongiorno Financial ...

Three rich beggars

BENJAMIN ONG  |  FRIDAY, 21 NOV 2008
... good should be the first to dig into their pockets. Richard Wagoner reportedly received US$19.7 million in total compensation last year. Mr. Alan Mulally US$22.8 million. Chrysler does not report on its CEO's pay but assuming Mr. Robert Nardelli's did ...

Crisis on Facebook

MICHELLE BALTAZAR  |  WEDNESDAY, 22 OCT 2008
... Competing for the amusing but true websites however were Facebook groups titled 'No payment for Worthless Assets; No compensation for Financial Thieves' and the 'Society for the Appreciation of Pictures of Stockbrokers In Visible Pain'.

KPMG under fire on Westpoint audit

MICHELLE BALTAZAR  |  TUESDAY, 14 OCT 2008
... the plaintiff companies. "ASIC sees a clear public interest in using its powers in these circumstances to pursue compensation for the benefit of Westpoint investors," said Tony D'Aloisio, ASIC chairman. The action, if successful, could potentially benefit ...

PE firms gobble Lehman Bros AM

RUTH LIEW  |  WEDNESDAY, 1 OCT 2008
... management will also hold a significant stake, which is expected to increase over time through an ongoing equity-based compensation program. The transaction is expected to be completed by early 2009.

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
... with foreign financial authorities and central banks about establishing similar rescue programs. Limits excessive compensation and bonuses for executives at companies that sell mortgage assets to the Treasury. Companies that participate in the plan will ...