Pay czar Kenneth Feinberg last week said he had ordered seven companies that have received billions of dollars in taxpayer money to slash the base salaries of their top executives by an average of 90 percent and cut total compensation -- cash, stock and perks -- in half.
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JPMorgan Will Not Hire Citigroup, Bank of America
Posted by psprofess under FinanceFrom http://community.wooeb.com 5293 days ago
JPMorgan Chase Reports 3Q Profits of $3.6 Billion
Posted by psprofess under FinanceFrom http://community.wooeb.com 5307 days ago
With the news came heavy trading in Wednesday action, sending the stock up nearly 4% in midday trading and prompting further activity within the banking sector across the board.
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