CEOs Finding Coal, Not Bonuses, in Stockings This Year

It's the season for Wall Street bonuses. But this year, the average investor is watching. In a time of staggering losses, massive layoffs and talk of a global economic recession, the issue of executive end-of-year pay has become a lightning rod for investors angry over Wall Street's excesses. Last year, bonuses in the financial sector totaled more than $33 billion. This year, the CEO's of several top firms, including Morgan Stanley, UBS and Goldman Sachs, have said they won't be receiving...Full Story
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