bloomberg.com - 29 days ago
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Nov. 6 (Bloomberg) -- Global leaders and regulators trying to rein in banker pay are proposing everything from clamping down on guaranteed bonuses to recouping compensation from prior years if losses mount. Largely unaddressed is the topic that stirs the most public ire: How much money is too ...
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Opening Bell: 11.06.09
Dealbreaker —
... in write-downs from credit-default swaps and $15.06 billion in capital losses.
SEC Appoints Hedge Fund Veteran As Adviser (NYT)
Mr. Bookstaber, a former risk manager at banks like Salomon Brothers and Morgan Stanley and hedge funds like Ziff Brothers International and Moore Capital Management, is one of three new advisers to help the S.E.C. identify risks and trends in the financial markets. Also, he wrote a book! 2007's "A Demon of Our Own Design."
Banks Thwarting Feinberg Pay Model By Changing Bonus Formula (Bloomberg)
Suck it, Comp Cop. ...
Friday morning links
The Mess That Greenspan Made —
TOP STORIES Jobless Rate Jumps to 10.2% as Labor Market Still Weak - CNBC A.I.G. Reports Profit but Warns of Continued Volatility - NY Times Fannie Mae to allow borrowers in foreclosure to lease back homes - LA Times Fannie’s Draws From Emergency Treasury Fund Reach $60 Billion - Bloomberg A 25 Billion Dollar Secret: The NY Fed, Goldman & The AIG Cover-Up - Daily Bail 14 Charged With Insider Trading in Galleon Case - NY Times Boomers in Denial About Retirement Savings - CNBC Fred Hickey On Gold - Zero Hedge Get these links delivered to your ...
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