Banks and financial companies delivered sharply negative shareholder returns in 2018, but most of the top-paid Wall Street chiefs got big raises.
The chiefs of banking and financial institutions in the S&P 500 received a median raise of 8.5% last year, compared with 5.6% for CEOs in the broader index, according to a Wall Street Journal analysis.
Surprise, surprise,surprise!
Makes you think how smart it really is to have those shares.... The only way to rob a bank or profit from one stays the same: start one...
Unlimited bribery in a corrupt republic...what could go wrong?😐
C-Suite gains on the upside but not on the down. Is there really any correlation between talent, results and compensation packages? Plus, C-Suite compensation often seems to motivate unethical behavior, without sanctions.
Well done Warren Buffett positive return for all shareholders. 41
WALL STREET CHEFS GET TOP PAY FOR FLIPPING BURGERS
Hmmmm...
And this is one of the reasons Senator Elizabeth Warren is gaining support!
How is that possible sir. They surely got underground business or maybe they giving us a fake return budget😕wallstreetjournalchiefs
Shocker
Of course not. CEOs seem to get bonuses for failure. Big business is a crazy world of illogic. 🤪
we can't all be Jewish and get a Harvard MBA and be paid $1.6 Billion kosher dollars.
No surprises here... They never get hurt . If anyone else did a bad job at work , they get demoted or fired ! Not rewarded !
No wonder their famous MondayMotivation tweet was sent:
If there's any pain, a golden parachute will soothe it. Let's just hope it gets wrapped around their necks.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DEADLINE - 🏆 109. / 63 Read more »