[Loyal Buckeye]

The president said, however, that the fact that Mr. Dimon and Mr. Blankfein took their bonuses in stock instead of cash was an improvement over the way bankers are often paid.

The really high compensation paid to corporate execs. has historically been paid in stock, not cash. This method of compensation started when the tax code was changed to limit the deductibility by corporations of cash compensation.

[STONEWALLS]

“The really high compensation paid to corporate execs. has historically been paid in stock, not cash.”

...good point...in a company’s annual report there will often be a asterisk noting “deferred compensation”