Found 2 article(s) for author 'General Management'

Great Men, Great Pay? Why CEO Compensation Is Sky High

Great Men, Great Pay? Why CEO Compensation Is Sky High. Nancy F. Koehn, June 12, 2014, Opinion. “Why are so many chief executive compensation packages so outrageous? And why do they continue to roar ahead of most workers’ pay? According to data released this month by executive-salary tracker Equilar, the 200 most highly compensated U.S.-based CEOs in 2013 received an average pay package of $20.7 million — including salary, cash bonuses, stock-based awards and other benefits. Each of those 200 executives took home more than $10 million in total compensation. At the top of the chart…” Link Verified October 11, 2014

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Barclays and the LIBOR Scandal

Barclays and the LIBOR Scandal. Clayton Rose, May 2013, Case. “In June of 2012, Barclays plc admitted that it had manipulated LIBOR—a benchmark interest rate that was fundamental to the operation of international financial markets and that was the basis for trillions of dollars of financial transactions. Between 2005 and 2009 Barclays, one of the world’s largest and most important banks, manipulated LIBOR to gain profits and/or limit losses from derivative trades. In addition, between 2007 and 2009 the firm had made dishonestly low LIBOR submission rates to dampen market speculation and negative media comments about the firm’s viability during the …”  May require purchase or user account. Link verified March 28, 2014

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