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N.Y. Governor Sees Bonuses Down 20 Percent
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New York Governor David Paterson estimated that Wall Street bonuses will shrink 20 percent this year, severely denting the state's financial outlook. The 20 percent figure...
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07/24/2008
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Sticking It Out In Tough Times
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In the current market environment, like any other, the decision to leave a company isn’t always yours to make. But what if it is? For many...
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07/24/2008
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Freddie Mac CEO Earned $20 Million in 2007
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Freddie Mac Chairman and Chief Executive Richard Syron received nearly $20 million in compensation last year, according to a filing with the Securities and Exchange Commission....
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07/23/2008
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The Value of a Personal Career Vision
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If you think you'll be happier in your career simply by switching companies, think again. To be successful and love your work, you'll need more than...
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07/23/2008
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eFC Briefing: Base Bonus on Longer-Term Results
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Fund management firm American Century adds a five-year lookback period to bonus formulas. Global banking group's report calls for tying pay to risks taken. Financial firms...
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07/23/2008
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Does Wall Street Place Employees Above Shareholders?
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Wall Street gadfly James Grant, who has published Grant's Interest Rate Observer since 1983, wrote in a recent Wall Street Journal essay that:
"The big brokerage...
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07/23/2008
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