Wednesday, October 14, 2009
The US Hall of Shame Wallstreet
Vikram Pandit
Paid: $483,301,867 (since 1988)
Losses: $18.7 billion (2008)
Stanley O'Neal
Paid: $344,799,169 (since 1988)
Losses: $35.8 billion (since second half of 2007)
Richard Fuld
Paid: $255,917,460 (since 1988)
Losses: $2.3 billion (first half of 2008)
Martin Sullivan
Paid: $217,904,311 (since 1988)
Losses: $37.6 billion (2008)
Kerry Killinger
Paid: $123,052,291 (since 1988)
Losses: $8.0 billion (last quarter of 2007)
James Cayne
Paid: $290,387,761 (since 1988)
Losses: Failed Spring 2008 before it had a chance to record an annual loss
Angelo Mozilo
Paid: $251,928,885 (since 1988)
Losses: $3.9 billion (in 2007)
The top US bankers of seven major financial institutions that have collapsed, were sold at low prices, or have received taxpayer-funded bailouts, were paid $464 million in performance pay since 1995. The same firms lost over $100 billion since 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment