dealbook.blogs.nytimes.com - 7/31/2009
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Thursday's report on Wall Street bonuses could have been a watershed moment, but instead it was little more than compensation porn, The Deal Professor says.
hf-implode.com - 7/31/2009
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hf-implode.com —
" NY Attorney General Andrew Cuomo released his
report on bonuses at the TARP Top 9. At...
these firms alone, over 800 people made north of $3 million in 2008. That’s a lot of scharole. See Appendix B for the bonus breakdown at each bank."
(more)
Cuomo releases ugly details on bank bonuses
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Andrew Cuomo Is a Cheap Pander, and Other Observations
The Epicurean Dealmaker —
... is necessary to achieve them even if we knew what it was. Envy is the weak and lazy sister to its hardworking sibling, ambition. It is a futile, foolish, and low emotion. And it is a favorite target for populist demagogues and pandering politicians alike. Which brings me to the Attorney General of the State of New York, the Honorable Andrew M. Cuomo. * * * Writing as The Deal Professor at The New York Times today, Steven M. Davidoff takes gentle umbrage at Mr. Cuomo's laughably obtuse report on the 2008 bonus compensation ...
Sunday links: why history matters
Abnormal Returns —
... “In other words, you [Andrew Cuomo] could have provided a comprehensive study of what went wrong with executive compensation on Wall Street as well as a road map to changing it. Instead, we received only jealousy-inducing numbers.” (DealBook also ...
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