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Bank of America’s executives won’t be seeing anything in the way of huge bonuses

Bank of America’s executives won’t be seeing anything in the way of huge bonuses

Kenneth Feinberg is the pay czar that is in charge of how the banks that took bailout money are running. When Bank of America proposed to cut pay for its top executives and top paid employees, he gave his own proposal in which he insisted …

AIG is asking the government for permisssion to give out more bonuses

AIG is asking the government for permisssion to give out more bonuses

Everyone’s favorite business to hate is now looking to ask the government to pay out $2.4 million in bonuses to executives at the company. This comes after just a few months ago, the company green-lit several hundred million dollars in bonus money that started a …