Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $39,680
48%  
Woo hoo!! Only $10 more to reach 49%!! Thank you all very much!! God bless.

Keyword: bankperks

Brevity: Headers | « Text »
  • At rescued banks, perks keep rolling

    10/21/2009 6:14:37 AM PDT · by myknowledge · 12 replies · 553+ views
    The Washington Post ^ | October 20, 2009 | Tomoeh Murakami Tse
    NEW YORK -- Even as the nation's biggest financial firms were struggling and the federal government was spending hundreds of billions of dollars to save many of them, the companies as a group were boosting the perks and benefits they pay their chief executives. The firms, accounting for more $350 billion in federal bailout funds, increased these perks and benefits 4 percent on average last year, according to an analysis of corporate disclosures filed in recent months. Some chief executives, such as Kenneth D. Lewis of Bank of America and Jeffrey M. Peek of CIT Group, the major small-business lender...