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News & InformationNews and InformationDecember 19, 2008 Costco CEO gets $3.8 million in 2008 compensationSource: Business Week Costco Wholesale Corp.'s President and Chief Executive, James Sinegal, received compensation valued at $3.8 million for the 2008 fiscal year, according to a proxy statement filed Friday with the Securities and Exchange... December 19, 2008 Top US Lawmakers Take Aim At AIG Executive CompensationSource: CNN Money Top U.S. House lawmakers are pressuring the Treasury Department to prevent American International Group Inc. (AIG) from distributing hundreds of millions of dollars to executives, saying it violates the terms of the financial... December 18, 2008 On Wall Street, Bonuses, Not Profits, Were RealSource: New York Times For Dow Kim, 2006 was a very good year. While his salary at Merrill Lynch was $350,000, his total compensation was 100 times that — $35 million.
The difference between the two amounts was his bonus, a rich reward for the... December 17, 2008 Treasury denies executive pay rules are toothless  Source: Reuters A top Treasury official denied on Tuesday that the limits on executive compensation included in the government's financial rescue plan were too weak to have any effect.
December 17, 2008 Troubled Asset Relief Program (TARP) Pose Real Challenges and Risks Certifying Executive Compensation!Source: CSRwire Join OCEG on December 18th at 4:30pm for a Special Webcast Risky Business: Establishing & Certifying Appropriate Executive Compensation. (CSRwire) PHOENIX, AZ. - December 17, 2008 - The executive compensation certification... December 16, 2008 More Energy Companies Are Tying Executive Pay to Performance, According to BDO Seidman, LLP SurveySource: MarketWatch According to a new survey by BDO Seidman, LLP, one of the nation's leading accounting and consulting organizations, 49 percent of chief financial officers (CFOs) at U.S. oil and gas exploration and production companies say their... December 15, 2008 Executive Pay Limits May Prove ToothlessSource: Washington Post Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street executives, so lawmakers included a mechanism for reviewing executive compensation and penalizing firms that... December 13, 2008 Recession Forcing Companies to Cut Executive Bonuses, Watson Wyatt Survey FindsSource: MarketWatch With the recession showing no end in sight and the current spotlight on executive pay, many U.S. companies are cutting back on the annual bonuses and long-term incentives they pay their executives, according to a survey by Watson... December 12, 2008 Goldman compensation fund to drop to $12 bln-paperSource: Reuters Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) will announce next week its compensation fund, out of which it will pay this year's bonuses, is expected to be about $12 billion, well below last year's $20... December 9, 2008 How Much to Pay the College Prez?Source: On Point Radio Today’s second hour looks at how the financial crisis is hitting higher education. And as belts tighten, it’s perhaps inevitable that executive compensation – the big payouts to people at the top – will come under scrutiny in... |
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