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FDIC seeks delay in bonuses for top bank execs

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… Continue Reading FDIC seeks delay in bonuses for top bank execs

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… Continue Reading Amid bankruptcy and layoffs, bonuses paid at Freedom, the Gazette

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