top executives

Golden parachutes here to stay

admin — Sun, 28 Sep 2008 21:07:47 -0500

Many advocates of the proposed $700 billion bailout of Wall Street trumpet its limitations on large pay packages and so-called golden parachutes for some of the top executives at the troubled firms that will get help.

Most CEO salaries were stunted in 2007

admin — Thu, 29 May 2008 15:39:10 -0500

The average rate of pay for top executives came down last year though CEOs at larger companies received substantial raises, according to a study released Thursday.

Aflac shareholders OK executives' pay

admin — Mon, 05 May 2008 18:37:44 -0500

Investors in the insurance company Aflac have become the first shareholders of a major U.S. company to vote on top executives' salaries. They overwhelmingly rubber-stamped a pay package put together by the board of directors. John Dimsdale reports.

Bear bust could have been 'disastrous'

admin — Thu, 03 Apr 2008 10:53:26 -0500

Federal regulators and top executives at JPMorgan Chase and Bear Stearns told lawmakers Thursday that the 11th-hour deal between the two firms prevented a collapse that could have inflicted serious damage to the American financial system and the broader economy.

Bear Stearns rescue hot topic on the Hill

admin — Wed, 02 Apr 2008 12:49:53 -0500

Congress on Thursday will scrutinize JPMorgan Chase's controversial acquisition of Bear Stearns and quiz top executives from both firms as well as the regulators who helped engineer the rescue.

CEOs punked on Wall Street calls

admin — Tue, 19 Feb 2008 19:09:56 -0600

A man pretending to be a Wall Street analyst has been prank calling CEOs and other top executives on earnings conference calls.