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Categories:
Environmental and Energy IssuesSocial Issues and Concerns
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News & InformationNews and InformationNovember 4, 2008 Gannett CEO volunteers to cut pay as papers sufferSource: Reuters Gannett Co Inc's chief executive will take a voluntary 17 percent cut off his annual pay as the largest U.S. newspaper publisher's advertising revenue falls and it prepares to cut thousands of jobs.
October 31, 2008 Conn. treasurer: Pension fund scores in negotiationsSource: The Journal-Inquirer - CT State Treasurer Denise L. Nappier is trumpeting a series of successes for the state pension fund in the 2008 corporate “proxy season,” during which stockholders attempted to make or change company policies through negotiations... October 31, 2008 Banks Owe Billions to ExecutivesSource: The Wall Street Journal Financial giants getting injections of federal cash owed their executives more than $40 billion for past years' pay and pensions as of the end of 2007, a Wall Street Journal analysis shows. The government is seeking to rein in... October 31, 2008 Rules on 'golden parachutes' open to interpretationSource: The Plain Dealer U.S. regulators and lawmakers say banks that get government bailout money will be limited on paying bonuses and golden parachutes. But the restrictions are fuzzy at best, and meaningless at worst, experts say.
October 30, 2008 Schering-Plough To Survey Shareholders On PaySource: Pharmalot Eager to appease anxious shareholders, the drugmaker quietly disclosed plans to mail a ’say on pay’ questionnaire to shareholders with its 2009 proxy. And the results will be available in the compensation, discussion and analysis... October 29, 2008 Cuomo Seeks Information About Bonuses From Banks  Source: The Wall Street Journal New York Attorney General Andrew Cuomo on Wednesday asked nine banks that are receiving federal funds as part of the government's financial rescue plan to provide his office with information about expected bonuses and... October 29, 2008 Lawmakers Concerned Over Financial Bailout Thus FarSource: Fox News Congressional leaders from both political parties on Wednesday expressed concern over former and current executives profiting from the $700 billion financial bailout program.
October 29, 2008 CEO Cashes Out as Bank Seeks U.S. LoanSource: The Street.com The top executive at a midsize bank holding company is retiring with a more than $12 million payday, even as the company is applying for a government investment that could restrict such windfalls. October 29, 2008 Executive Pay Comes Under Fire from Activist Shareholders for Contributing to Financial Crisis Source: Social Funds.com Questions abound in the wake of the current meltdown of the financial industries. How could presumably knowledgeable corporate executives ignore the dangers inherent in mortgage-backed securities consisting of loans that were... October 27, 2008 Broken Securities Industry Still Has $20 Billion to Pay BonusesSource: Bloomberg.com Five straight quarters of losses and a 70 percent slide in its stock this year haven't stopped Merrill Lynch & Co. from allocating about $6.7 billion to pay bonuses. Goldman Sachs Group Inc. and Morgan Stanley, both still on... |
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