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bonuses Archive
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Seeking Return of AIG Payouts, House OKs Tax on Bonuses
Posted on March 20, 2009 | No CommentsThe House has overwhelmingly approved a measure to recoup taxpayer money by imposing a 90 percent tax on bonuses paid to employees at the insurance giant AIG. The tax would... -
AIG to Pay Out $450 Million More in Bonuses Part 2
Posted on March 16, 2009 | No CommentsObama’s response. Visit msnbc.com for Breaking News, World News, and News about the Economy -
AIG to Pay Out $450 Million More in Bonuses
Posted on March 16, 2009 | 2 CommentsHELL NO…NO MORE MONEY TO AIG. WTF, this is crazy. The failed insurance giant AIG is preparing to pay out $450 million in bonuses to top executives and other employees... -
Merrill Lynch Gave $1M Bonuses To 70 Employees in 2008 Despite $27B Loss
Posted on February 12, 2009 | No CommentsWhile the bank executives were testifying on Capitol Hill, New York Attorney General Andew Cuomo disclosed new details about how Merrill Lynch paid out over three billion dollars in bonuses... -
Obama to Propose Exec Pay Cap for Bailout Recipients
Posted on February 4, 2009 | 2 CommentsThe Obama administration is reportedly set to announce a plan that would cap executive pay and end bonuses at firms receiving future taxpayer bailouts. The New York Times reports an... -
Obama Denounces “Shameful” Wall Street Bonuses
Posted on January 30, 2009 | No CommentsPresident Obama has criticized Wall Street following news financial executives received an estimated $18.4 billion in bonuses last year. The average payout amounted to $112,000. President Obama: “When I saw... -
AP Study Finds $1.6B Went to Bailed-Out Bank Execs
Posted on December 22, 2008 | No CommentsThe AP compiled total compensation based on annual reports that the banks file with the Securities and Exchange Commission. The 116 banks have so far received $188 billion in taxpayer...