by Associated Press Published: February 8,2011
Tags: bonuses, FDIC
Federal regulators have proposed making top executives at large financial firms wait at least three years to be paid half of their annual bonuses, a move designed to cut down on risky financial transactions. The Federal Deposit Insurance Corp. voted Monday to advance the rule, which builds on more general requirements in last year’s financial [...] [...]
Amid department-wide layoffs, furloughs and pay reductions at the Colorado Springs Gazette, Publisher Steve Pope received two bonuses totaling $30,000. Bonuses to Pope, who took his job earlier this year, were among $3.7 million in management by objective bonuses paid to top Freedom Communications executives during the past year, according to the Colorado Springs Business [...] [...]