Ex-NYSE Chief's Pay Found 'Excessive'
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Former New York Stock Exchange Chairman Richard Grasso received a multimillion-dollar compensation package that was "far beyond reasonable levels" and characterized by numerous flaws and conflicts of interest, according to a previously confidential report released on Wednesday by the exchange.
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With many U.S. chief executives taking home millions of dollars in pay, it is no shock that average workers regards them as overpaid. But that attitude extends to the corner office as well.
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Are technology CEOs overpaid? Does the corporate governance system work as it should? Let's find out.
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explanation of market-timing, further attorney comment. Picks up last graf. Also moving on general news wires. DENVER  _ The former chief executive of Invesco Funds Group has agreed to pay $500,000 to
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A former trader at the New York Stock   Exchange was found not guilty on Monday of securities fraud for   his role in a scheme that prosecutors said cheated the Big   Board's customers.
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A former New York Stock Exchange   (NYSE) floor trader charged with securities fraud broke Big   Board rules and cheated the public by improperly manipulating   trades, a federal prosecutor told a jury on Tuesday.
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CENTRAL ISLIP, N.Y. - The former CEO of the nation's leading supplier of body armor to the US military was indicted yesterday on charges of insider trading, fraud, and tax evasion in a scheme that netted him more than $185 million, prosecutors said.
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RS Investment Management agreed to pay $30 million to settled allegations it allowed &quot;excessive&quot; market timing in its mutual funds, New York Attorney General Eliot Spitzer said yesterday.
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Two pension funds plan to ask an Alaska state court on Friday to freeze more than $140 million in retirement pay and other compensation for outgoing BP Plc  CEO John Browne, saying it is excessive and undeserved, an attorney for the investors said.
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Business & money: Annual meeting faces complaints about pay rises for chief executive Justin King.
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Price is 'ridiculous' and so is CEO Ballmer's pursuit of the deal, financial analyst says.
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A former chief operating officer at a Marsh & McLennan Cos. Inc. unit has sued the world's largest insurance broker by market value, alleging he was not properly compensated after being fired in the aftermath of a 2004 bid-rigging scandal.
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A former Dow Jones & Company director and three associates will pay more than $24 million to settle charges that they traded illegally on inside knowledge of the News Corporationâs takeover of Dow Jones.
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Google's chief legal officer, David Drummond, has agreed to pay nearly $700,000 in fines to the Securities and Exchange Commission for overstating the revenue of SmartForce PLC while he was the e-learning company's chief financial officer.
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US chief executives are unethical and overpaid, according to most Americans surveyed in a Bloomberg/Los Angeles Times poll.
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Richard S. Fuld Jr., the chairman and chief executive of the brokerage firm Lehman Brothers Holdings, made $40.6 million in compensation last year after the company reported near-record profits, according to a regulatory filing yesterday.
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By Stephen Foley  John Mack, the chief executive of Morgan Stanley, has been handed a $40m ([pound]20.5m) Christmas bonus, the largest ever awarded to a Wall Street boss.