This is horrifying (& proves the value of strong reporting): Instagram’s algorithms helped a vast pedophile network… https://t.co/7Z6YtMFlzH— 1 year 5 months ago via@theofrancis
Another remarkable piece on Epstein by Khadeeja Safdar & Emily Glazer: Bill Gates had an affair with a Russian brid… https://t.co/9M3yh4V3ag— 1 year 5 months ago via@theofrancis
Most S&P 500 CEOs finished the year with less pay than initially awarded; Elon Musk’s $10 billion hole. The WSJ CEO… https://t.co/x0MmmO4203— 1 year 5 months ago via@theofrancis
Some entrepreneurs are scrutinizing their banking relationships and moving their funds. smart piece by WSJ’s Ruth S… https://t.co/6aPK654NhS— 1 year 7 months ago via@theofrancis
Just a PSA that at The Wall Street Journal we draw a clear line between news and opinion. The separation between th… https://t.co/MJflkqKIUz— 1 year 7 months ago via@theofrancis
At a time when Enron Corp. was cutting back on its employee retirement plans to save money, executive benefits at the energy company kept getting richer.
Enron's bankruptcy may have wiped out most of the retirement savings of most of its workers. But one thing it didn't take away were the pensions of its most senior executives. Financial filings disclose that former Enron Chairman Kenneth Lay, for one, used a private partnership to protect millions of dollars worth of executive pension benefits.
Until recently, executive deferred-compensation plans largely escaped scrutiny by regulators. That changed after Enron Corp. filed for bankruptcy late last year, and court documents showed that some Enron executives had withdrawn millions of dollars from their accounts just before the Chapter 11 filing.
Last year, John R. Stafford, chairman of pharmaceutical giant Wyeth, earned $1.8 million in salary. He also was awarded a $1.97 million bonus, restricted stock valued at $724,283 and 630,000 stock options.
That much shareholders can learn from glancing at the company's proxy.