John Mack Gets $40 Million 2006 Bonus, a Wall Street Record
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By Joe Bel Bruno Associated Press  NEW YORK -- Morgan Stanley Inc., the second-largest U.S. investment house, gave chief executive John Mack $40 million in stock and options for 2006, reflecting the largest bonus awarded to a Wall Street CEO.
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It's bonus season on Wall Street and there's plenty of holiday cheer this year. The New York State comptroller yesterday said the securities industry will distribute envelopes stuffed with about $24 billion -- a sum larger than the gross national product of many countries. If you were to add in the hedge funds arrayed along the Connecticut gold coast and the private-equity firms scattered around the country, the number could easily top $50 billion....
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Computer Associates International Inc., a business software company, has agreed to give its new CEO, 50-year-old John Swainson, a pay package amounting to more than $8.6 million in salary, signing bonuses and stock.
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Lehman Brothers Holdings Inc. LEH.N  Chairman and Chief Executive Richard Fuld received $26.3  million in compensation last year, a 33 percent increase from a  year earlier, as profit rose to a record.
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Fijian-born Vijay Singh became golf&#39;s $10 million man on Sunday when he won his ninth 2004 PGA Tour victory of the year at the Chrysler Championship.
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Quarterly earnings rose to $58 million, or 18 cents per share, from $48 million, or 16 cents per share, last year. Excluding results from casinos scheduled to be sold, a write-down of the book value of Caesars
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The Dow Jones Industrial Average has hit an all-time high and Wall Street firms are posting some of their best earnings ever. For the first time in our nation's history, the Forbes list of the 400 wealthiest Americans includes only billionaires. In fact, having only a billion dollars means you're not on the list. As a group, the Forbes 400 has a collective net worth of $1.25 trillion.
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Michael Vick has become the richest player in the NFL. The Atlanta Falcons' star quarterback signed a 10-year, $130 million contract extension yesterday that guarantees him a league-record $37 million in bonuses.
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News Corporation has awarded its executive chairman Rupert Murdoch a staggering $US12.5 million ($18 million) performance bonus for the latest financial year - believed to be the biggest in Australian corporate history.
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Carly Fiorina, who was ousted  last week as chairman and CEO of Hewlett-Packard Co. HPQ.N,  will have received $45 million worth in stock options and  severance pay on top of her regular salary and cash bonuses  after five years at the company, a spokeswoman said on Monday.
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Believe it or not, John Mackey may have done investors a favor.
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Blackstone Group issued compensation  details for the first time on Monday, disclosing in a filing  that CEO Stephen Schwarzman received nearly $400 million last  year and stands to make at least another $450 million after the  private equity firm goes public.
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He reportedly will receive $40 million over four years. Renteria told reporters his former team, the St. Louis Cardinals, who were swept by Boston in the World Series, was among
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New York City residents should earn a record $381 billion this year because the thousands of job cuts on Wall Street will have a delayed impact and 2006 was such a profitable one for the financial sector.
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The record finish capped a four-month rally driven by corporate buyouts, strong profits and stock buybacks.
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Bill Gates, Microsoft's chairman and chief software architect, and Steve Ballmer, the software maker's CEO, each received a base salary of $591,667 and a $310,000 bonus for the 12-month period that ended June 30.
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Jim Tobin , chief executive of Boston Scientific Corp. , earned $1.6 million in salary, bonus, and benefits last year, the company said in a regulatory filing, down from the $1.9 million he made in 2005.