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Last updated: 21:29:31 Tuesday Nov 10, 2009


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  • Goldman Sachs chief defends pay policies
    WASHINGTON (AFP) - Goldman Sachs' top executive on Tuesday defended the investment giant's executive pay policies, saying they underscore the principle of "pay for performance."   Source:(AFP)   2009-11-10

    U.S. cuts pay at bailed out firms, BofA hits back
    WASHINGTON (Reuters) - The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies for the final two months of the year, and was immediately slammed by the country's largest bank which claimed the cuts could send talent fleeing.   People:Barack Obama   Activities:2008 U.S. Financial Rescue   2009-10-22

    Administration plans big pay cuts at bailout firms
    WASHINGTON - The Obama administration will order companies that received huge government bailouts last year to slash the base salaries of their top executives by an average of 90 percent and cut their total compensation in half, a person familiar with the decision said Wednesday.   Activities:2008 U.S. Financial Rescue   Source:(AP)   2009-10-21

    Goldman exec named first COO of SEC enforcement
    WASHINGTON - A Goldman Sachs executive has been named the first chief operating officer of the Securities and Exchange Commission's enforcement division.   Nations:U.S.   Activities:Madoff Fraud Case   Source:(AP)   2009-10-16

    Goldman Sachs profit tops $3B on strong trading
    NEW YORK - Goldman Sachs Group Inc.'s third-quarter earnings more than tripled from the depths of the financial crisis as income from the company's trading operations offset a drop in its investment banking business.   Source:(AP)   2009-10-15

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