Feinberg: ‘Reluctant’ to Invalidate Contracts
October 21, 2009
Kenneth Feinberg described his reluctance to toss out companies' current pay practices while at a National Association of Corporate Directors conference in Washington.
October 21, 2009
Kenneth Feinberg described his reluctance to toss out companies' current pay practices while at a National Association of Corporate Directors conference in Washington.
Feinberg Expects Fallout From Compensation Decisions
September 30, 2009
Kenneth Feinberg told the Chicago Bar Association that he expects some backlash after he makes his decision on the pay packages for Citigroup, AIG, and Bank of America.
September 30, 2009
Kenneth Feinberg told the Chicago Bar Association that he expects some backlash after he makes his decision on the pay packages for Citigroup, AIG, and Bank of America.
Citigroup’s Pandit Says $100M Pay is Too Much
September 18, 2009
Citigroup employee's contractual pay agreement could entitle him to as much as $100 million.
September 18, 2009
Citigroup employee's contractual pay agreement could entitle him to as much as $100 million.
Citigate Plans Exit from Bailout Program After Shares Gain
September 15, 2009
A sale may bring CEO Vikram Pandit closer to an exit from the bailout program while allowing the government to claim a profit.
September 15, 2009
A sale may bring CEO Vikram Pandit closer to an exit from the bailout program while allowing the government to claim a profit.
Judge Dismisses Citigroup Derivative ARS Lawsuit
September 11, 2009
The judge ruled that Louisiana Municipal Police Employees Retirement failed to make a demand on the company's board prior to bringing the lawsuit.
September 11, 2009
The judge ruled that Louisiana Municipal Police Employees Retirement failed to make a demand on the company's board prior to bringing the lawsuit.
The Buffett and Munger Way
September 4, 2009 by Django Gold
These eight famous pairings present a spectrum of the unique qualities and dynamic teamwork necessary for the effective management of innovative organizations. >>>
September 4, 2009 by Django Gold
These eight famous pairings present a spectrum of the unique qualities and dynamic teamwork necessary for the effective management of innovative organizations. >>>
Feds Knocking at the Boardroom Door
September 3, 2009 by Gretchen Michals
The U.S. government continues to be a driving force in the boardrooms of taxpayer fund recipients.
September 3, 2009 by Gretchen Michals
The U.S. government continues to be a driving force in the boardrooms of taxpayer fund recipients.
Delaware Courts Strike Proper Balance
September 2, 2009 by David Hennes
The current political climate has not influenced the Court's historically balanced approach.
September 2, 2009 by David Hennes
The current political climate has not influenced the Court's historically balanced approach.
Citigroup 401(k) Participants’ Lawsuit Dismissed
September 2, 2009
"Investment in Citigroup stock was presumptively prudent," wrote U.S. District Court Judge Sidney H. Stein.
September 2, 2009
"Investment in Citigroup stock was presumptively prudent," wrote U.S. District Court Judge Sidney H. Stein.
Obama Adopts Hands-Off Policy on Citi, AIG Pay
August 21, 2009
The Obama administration has left executive pay worries to Kenneth Feinberg.
August 21, 2009
The Obama administration has left executive pay worries to Kenneth Feinberg.
Wall Street Keeps Eye on Feinberg
August 20, 2009
Wall Street awaits Kenneth Feinberg's decision on whether to take back executive bonuses given out to TARP recipients.
August 20, 2009
Wall Street awaits Kenneth Feinberg's decision on whether to take back executive bonuses given out to TARP recipients.
Regulators Plied Pressure on Citi to Replace CFO
August 19, 2009
Replacement of Ned Kelly by John Gerspach in July spurred by regulators.
August 19, 2009
Replacement of Ned Kelly by John Gerspach in July spurred by regulators.
Citigroup May Change Trader $100M Pay to Stock from Cash
August 17, 2009
Obama Administration said to be pressuring the bank to find a way around the massive payday.
August 17, 2009
Obama Administration said to be pressuring the bank to find a way around the massive payday.
Regulators Lean on Citi to Examine Management
August 13, 2009
The FDIC has led Citigroup to engage an outside consultant in reviewing its existing management.
August 13, 2009
The FDIC has led Citigroup to engage an outside consultant in reviewing its existing management.
Citi Forced to Bring in Consultant for Management Checks
August 13, 2009
Under pressure from the government, Citi hired Egon Zehnder, to carry out an in-depth management review.
August 13, 2009
Under pressure from the government, Citi hired Egon Zehnder, to carry out an in-depth management review.
Major Banks Poaching Each Others’ Ranks
August 11, 2009
Banks are showing signs of improvement as they hire new employees.
August 11, 2009
Banks are showing signs of improvement as they hire new employees.
Guaranteed Wall Street Bonuses Under Fire
August 10, 2009
Kenneth Feinberg faces increased difficulties as companies seek to reinstate guaranteed bonuses to lure and retain talent on Wall Street.
August 10, 2009
Kenneth Feinberg faces increased difficulties as companies seek to reinstate guaranteed bonuses to lure and retain talent on Wall Street.
Expert Dilemma
August 2, 2009 by Judy Warner
Whether oil trader Andrew Hall gets a nine-figure bonus is now in the hands of Obama administration comp specialist Kenneth Feinberg.
August 2, 2009 by Judy Warner
Whether oil trader Andrew Hall gets a nine-figure bonus is now in the hands of Obama administration comp specialist Kenneth Feinberg.
U.S. Becomes Citigroup’s Largest Shareholder
July 31, 2009
Third largest American bank completed two exchange offers to bolster its capital provisions
July 31, 2009
Third largest American bank completed two exchange offers to bolster its capital provisions