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Articles tagged with: bonuses

Wall Street Influence, By the Numbers
May 14, 2010 – 11:19 am
Wall Street Influence, By the Numbers

$1.4 MILLION…The amount that the finance industry is spending every day to influence Congress.
$600 MILLION…The amount that the six big banks and their trade associations have spent on lobbying, trade association activity, and political contributions since the …

Bonus Bonanza Needs to Be Reined In
February 25, 2010 – 10:48 am

“The big money is back on Wall Street” – New York Times, 2/23/10

Advocates Take to the Web to Weigh in to Restrain Banks from Rewarding Risky Behavior

Washington, DC – In …

Watch AFR’s John Taylor on Fox Business News
February 4, 2010 – 10:03 am
Watch AFR’s John Taylor on Fox Business News

John Taylor, President & CEO of the National Community Reinvestment Coalition (NCRC), discussed the next wave of AIG bonuses on Fox Business News. In response to another guest’s hemming and hawing about what is appropriate …

New York Times: Ailing Banks Favor Salaries over Shareholders
January 27, 2010 – 12:26 pm

The New York Times points out the discrepancy between what banks pay in salary vs. what they produce for their shareholders in this article. Here are excerpts (emphasis ours):
Finding the winners on Wall Street …

Iowa has a message for big banks
January 27, 2010 – 11:32 am

NPA affiliate Iowa Citizens for Community Improvement held a “Showdown in Des Moines” on Tuesday:
Wells Fargo just announced record-breaking profits, we expect another big bonus year while the rest of us face cuts.  Hundreds of …