NewsCloud.com Executive News

It's No Joke: Fed Hires Failed Bank Executive

The Federal Reserve is drawing jeers for hiring a former top executive from the now-defunct investment bank Bear Stearns to help it gauge the health of other banks.

U.S. Senator Debbie Stabenow: Husband Tom Athans in Police Prostitution Sting (Photos)

Michigan liberal Air America talk show VP and husband of U.S. Senator Debbie Stabenow was caught up in a police sting. Tom Athans admitted to paying $150 to a prostitute at a suburban Detroit Residence Inn. He cooperated with police and was not charged with a crime - which is a real CRIME.

Compensation model = excessive pay

Directors and institutional investors don't agree on whether the executive pay system has produced better performance. But they do agree on one key point: it's resulted in CEOs getting paid too much.

Executive perks: suite life for jet-set CEOs

The new disclosure rules shows that US companies are lavishing their CEOs with perks. Free air travel, free tax, even free beer.

Soaring executive pay: seven solutions

Ban compensation consultants from doing other work for the company, set pay limits before searching for new executives, ban golden parachutes and go easy on the stock and options. These are just some solutions to stop soaring executive pay.

Executive pay democracy distorts the market

Here is evidence showing that the big Wall Street firms are now paying their CEOs more and more in tandem. It's not just the size of the pay packets that's troubling but it's that over time, they're being paid more like each other.

Hog city for executive pay

American bosses continue to rake it in, with their average annual cash bonuses going up by close to half and total cash compensation up by about one-third for 2006.

More dought for CEOs

The history of the way US companies pay their CEOs shows that no amount of regulation will help rein in executive pay. In fact, some of the measures used to fight it only make it worse.