| A House committee will question Wall Street executives today over compensation awards reaching hundreds of millions of dollars while shareholders bear the brunt of billions in writedowns from subprime mortgages. Today's hearing aims "to understand why so much money is given to these executives even when they're failing...What's the business justification for having no connection between pay and performance?" Live on CSPAN. |
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At www.bloomberg.com
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.