The New York Times reports that Sunday Business asked information services firm Equilar to compile and analyze exectuvie compensation data from US corporate filings.
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The old rumour mill is working overtime again. Hot on the heels of the announcement late Thursday of the retirement of Morgan Stanley co-president Zoe Cruz, the most high-profile woman on Wall Street, some are wondering whether this is a signal that more problems have been uncovered at Morgan Stanley and that further asset write-downs are now on the cards. The Wall Street Journal quotes Punk Ziegel analyst Richard Bove, who said that Cruz's departure 'must mean that Morgan Stanley is going to report write-downs much greater than previously suggested'.
Here's something that we've run before. Hope it brings a smile to your face.
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'Could it be that it was, oh, so simple then - or has time rewritten every line.........?'
The Wall Street Journal reports that Goldman Sachs CEO Lloyd Blankfein outlined his suggestions on how the financial markets industry should remodel compensation structures Tuesday.
Here's a list of some of our most-read light-hearted items run this year.
Although times are tough for many recruiters, those search consultants at the very top, it seems, are currently doing rather well.
The Wall Street Journal reports that long-time Bank of America investor Jerry Finger has taken his fight against firm Chairman & CEO Ken Lewis to the internet.