Execs Forgoing Bonuses/salaries, Bonus | featured news

Goldman Bows to Pay Pressure

Goldman Sachs said its top 30 executives won't receive a cash bonus for 2009 and that shareholders will be given an advisory vote on executive pay.

 

Lewis Won’t Get Salary at BofA

Lewis Won’t Get Salary at BofA

Bowing to increasing scrutiny of his compensation, Bank of America’s embattled chief executive, Kenneth D. Lewis, agreed not to take a salary or bonus for 2009.

 

$50 Million in A.I.G. Bonuses to Be Repaid

$50 Million in A.I.G. Bonuses to Be Repaid

Attorney General Andrew M. Cuomo of New York said 15 of the top 20 bonus recipients in A.I.G.’s financial products division had returned their bonuses.

 

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