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  • Is it morally wrong for banks to pay big bonuses this year?

    The government is looking to curb them as soon as possible, while banks want to pay the performers who bring in the profits, but is it morally wrong to pay big bonuses so soon after being bailed out f ...

    3 comments

  • The Czar and You

    Government-imposed limitations on compensation for bankers and traders are about to bite. Will your paycheck or bonus be affected – perhaps indirectly? Or, do you take comfort that "It won't happ ...

    1 comment

  • Are 'Investors' Worthier Than 'Traders'?

    Should the top U.S. securities regulator be looking to protect one category of market participants against another legitimate class of participants? SEC Chair Mary Schapiro told Congr ...

    5 comments

  • Ex-Bankers: Worth a Look … Or the Hand?

    After more than a year of hollowing out, at least some financial employers appear interested in refilling long-empty seats. Yet many observers report those intrepid firms are much more interes ...

    2 comments

  • Is Dating Bankers Back in Style?

    With economic numbers, bank profits and bonus expectations all on the upswing, the Fashion Meets Finance party has lately elbowed aside the Pink Slip Party as the "it" event on Manhattan's soc ...

    5 comments

  • Compensation – Going Up?

    With both trading profit and underwriting business rebounding in many markets, the newspapers are rife with stories about the return of boom-era paydays. Goldman allocated $11.36 billion for compen ...

    1 comment

  • Do We Share Any Blame?

    Flaming didn't start with the Internet – its long history in pre-electronic media probably extends all the way back to stone-chiseled tablets. But its sheer abundance lately has inured us to childish ...

    3 comments

  • Green Shoots Growing Taller?

    The Wall Street Journal reports large and mid-size banks recently resumed hiring in a number of areas, amid heightened investor confidence and steadier financial markets. Does this mean the financi ...

    0 comments

  • Repairing Bank Regulation

    The broad dimensions of the Obama administration's regulatory overhaul set for release this week have been sketched out in media reports. According to The Wall Street Journal, the administration w ...

    1 comment

  • Disclose More About Employee Pay?

    Should banks be compelled to disclose more information about how they pay employees beyond the executive suite? The Securities and Exchange Commission is reportedly crafting a formal proposal to re ...

    4 comments

  • Stress Tests – Inoculation or Gimmick?

    Are the US government's much-ballyhooed bank stress test results improving transparency, risk management, and therefore building confidence in the ultimate solvency of the system's largest institution ...

    6 comments

  • GM, Chrysler Creditors Vs. Taxpayers

    The mudslinging surrounding Chrysler's recent bankruptcy court filing promises to get still louder as General Motors limps toward a similar denouement. A U.S. bankruptcy judge late Tuesday approved ...

    1 comment

  • 2009 Bonus Expectations

    The New York Times waved a red flag this past Sunday, asserting in a page one story that "workers at the largest financial institutions are on track to earn as much money this year as they did before ...

    0 comments

  • Are We Near the Bottom?

    A Moody's senior economist recently voiced hope that the financial job market is close to hitting bottom. "The number of job losses is going to get smaller going forward," Marisa DiNatale

    6 comments

  • Raise Bankers' Salaries?

    Bank of America reportedly plans to raise investment bankers' base pay by 60-70 percent soon. Is that wise in today's climate? Should other major banks take similar steps, as B of A suggest ...

    2 comments

  • What If You Had to Return Your Bonus?

    How (if at all) would your life change if Congress or your employer insists you give back your 2008 bonus (or at least, 90 percent of it)? When we posed this question in early February in a variet ...

    11 comments

  • AIG: When is a Contract Not a Contract?

    AIG (hold your nose) committed to pay a total of $450 million in retention incentives to hundreds of employees in its Financial Products unit that sold the credit default swaps that brought the firm t ...

    7 comments

  • Love Working in Finance?

    We've all heard plenty about greedy financiers who brought the world to its knees. Well, it's time the peddlers of that cartoon-like stereotype heard from the rest of us. You're in finance. Are you ...

    13 comments

  • Should U.S. Nationalize Banks?

    Propping them up with taxpayer-funded capital injections didn't help enough, it seems. Now there's growing talk (from both major political parties) about nationalizing the most troubled of the big ban ...

    14 comments

  • Are Paid Services to the Jobless Ethical?

    As the global recession deepens, so is a new professional niche: providing services to job-seekers, from social networking forums to resume makeovers and career-change advice. Many service provider ...

    3 comments

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