"After Goldman Sachs, JPMorgan Chase, and Morgan Stanley announced hefty profits in the fall of 2009, the Obama administration's pay czar said that he'd cap pay at Citigroup, Bank of America, and five other bailed-out companies. The move was largely symbolic: It capped salaries for only 25 executives, kept big stock bonuses in place, and did nothing to address the culture of rewarding folks who sowed our economic destruction."
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9 Wall Street Execs Who Cashed in on the Boom... and the Bust
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Monday, November 7, 2011
9 Wall Street Execs Who Cashed in on the Boom... and the Bust
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