Executive Bonuses, Bonus | featured news

Only days after being unable to work things out with a striking union, and forcing us all to devour faux Twinkies for our creamy, spongy sugar fix, the folks at Hostess Brands Inc. are asking for a bankruptcy court to approve up to $1.8 million in bonus payments to top executives.

Treasury: 17 banks overpaid execs while receiving billions in taxpayer-funded bailout money.

Finance Minister Christine Lagarde said France will slap a one-off 50% tax on bonuses awarded to bank employees next year.

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.