Responding to outrage over reports of Wall Street excess, President Obama announced plans to cap executive compensation at $500,000 for those firms that accept significant federal assistance moving forward. Well, not surprisingly, a number of interested parties immediately began to point out that capping salaries on Wall Street is a mistake. For example, [...]
Archive for the ‘Financial Services’ Category
Obama to cap executive pay for those who receive public funds
Posted in CEO Pay, Executive Excess, Executive Pay, Financial Services, Wall Street, tagged President Obama, TARP on February 4, 2009 | 2 Comments »
Wall Street Scandal
Posted in Axiom Capital Management, BusinessWeek, Financial Services, Marketing, Matthew Goldstein, Michael Guttenberg, Sales, Scandal, UBS, Wall Street on March 22, 2007 | Leave a Comment »
I was reading the Matthew Goldstein article on UBS in the March 26th issue of BusinessWeek, and I found myself fixated on one small aspect of the story. The story briefly outlines portions of Michael Guttenberg’s work history. I found myself wondering how he went from being a “sales assistant” with Axiom Capital Management to [...]
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