The crash of a K Street prince: How Tony Podesta's future crumbled, "a calamitous collapse propelled by unexpected… https://t.co/A9wsNQIdwp— 17 hours 41 min ago via@theofrancis
Hardly taxing: Tax overhaul drove $2.5 billion in profits in one quarter for big banks. Without it, many would've h… https://t.co/l0ToLL8pYe— 1 day 11 hours ago via@theofrancis
Money in pocket, but not so much additional spending... U.S. retail sales rose 0.6% in March https://t.co/44b300GQeA— 2 days 13 hours ago via@theofrancis
When Samuel J. Palmisano retires next month, he'll enjoy a generous goodbye present: The former International Business Machines Corp. chief will earn $20,000 for any day he spends four hours advising his longtime employer.
Vikram S. Pandit worked as Citigroup‘s chief executive for just under five years. But during that time, he earned a good deal less than what other Wall Street chieftains made.
There are a number of ways to look at Mr. Pandit’s compensation from 2007 through 2011, according to an analysis that the research firm Equilar performed for DealBook.
Weeks before Vikram S. Pandit’s surprise resignation on Tuesday as chief executive of Citigroup, the banking giant’s powerful chairman, Michael E. O’Neill, was privately huddling with other board members to plan how to replace him, according to several people briefed on the talks.
Goldman Sachs executives have long been among the most richly paid on Wall Street in the best of times. They are now poised to reap a windfall that was sown in the dark days of the financial crisis in 2008.