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September 22, 2014
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Tag: Executives

Richard Fuld Jr.
World Economic Forum / Remy Steinegger

Lehman Execs May Escape Charges

Officials at the SEC have begun to doubt that the agency can prove that executives of the now-defunct Lehman Brothers investment bank broke the law after the company allegedly moved billions of dollars off its balance sheet.

Posted on Mar 12, 2011 READ MORE



AP / Susan Walsh

Wall Street CEOs Off the Hook

Most of those Wall Street executives whose firms took ridiculous risks and brought the global financial system to its knees are far from a jail cell, or even from being prosecuted by the Justice Department.

Posted on Feb 27, 2011 READ MORE



blogspot.com

Obama Orders Salary Cuts

In a move to quell public outrage, President Obama has ordered the government’s “pay czar” to cut by 90 percent the multimillion-dollar salaries that executives of seven bank and auto companies are receiving, citing the fact that these firms are entirely dependent on U.S. taxpayer money for financial survival.

Posted on Oct 22, 2009 READ MORE


Kenneth Lewis
bloomberg.com

Slapping the Pay Cuffs on Execs

Amending current TARP rules and regulations, President Obama is expected to put a $500,000 cap on executive salaries at companies that receive large amounts of bailout funds. It would mean major pay cuts for the likes of Bank of America CEO Kenneth Lewis, who took home more than $20 million in 2007.

Posted on Feb 4, 2009 READ MORE


Abramoff Ties to Russians Probed

The federal government is examining lobbyist Jack Abramoff’s dealings with Russian energy executives, reports the Boston Globe. This is a scandal that could involve billions (not millions) of dollars.

Posted on Feb 23, 2006 READ MORE


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