@54 And Obama said "Take back their bonuses." And it was so. And Obama saw that it was good?

@62... the money was already paid, you want them to enact a tax on past transfers? I understand they can use very narrowly defined tax laws for future payments but I don't see how they can do that for historical payments.

Wow cnbc wow

If the Senate passes this, I better see a lot of Drudge sirens...

@4 It's a waste of time responding to the people who ventured over here from Yahoo

@32 On behalf of myself and all the other Wharton grads, please shut the fuck up

Requisite obnoxious, elitist comment:

Notre Dame has a business school? Learn something new everyday...

Did they borrow Air Force One for that? It looks like it has the blue at the front

Does CNBC not get the WSJ? They're too busy talking about swine flu and Chrysler to mention Citi and BofA's failure.

I really hope no one signed their apartment lease yet...

I love that Aubrey got a shit-ton of options/awards to help make up for the fact that he had to sell like $1 billion worth in a margin call. What a d-bag

@13 WTF are you talking about? They redid McClendon's contract in December 2008 and it included a one-time cash bonus of $75 million and at least $30 million or so of stock plus some other ridiculous stuff.

yeah bess cut off the full sentence:

"The total pay figures are rounded and are based on the AP's compensation formula, which adds up salary, perks, bonuses, preferential interest rates on pay set aside for later, and company estimates for the value of stock options and stock awards on the day they were granted last year."

so those numbers aren't just options

@24 For a lot of them (particularly Jha), the values will be misleading since most of his comp was stock and the value of the stock has plummeted since the grant date. However, for someone like Aubrey who was paid mostly in cash, that $100 million+ number is not overstating what he was paid, particularly since his contract was done at year end and the stock is actually up since then.

@24 For a lot of them (particularly Jha), the values will be misleading since most of his comp was stock and the value of the stock has plummeted since the grant date. However, for someone like Aubrey who was paid mostly in cash, that $100 million+ number is not overstating what he was paid, particularly since his contract was done at year end and the stock is actually up since then.

Also just looking at options isn't too useful since a lot of them (Philip Morris) received stock grants.

f me and my double-posting, i'm quitting after that

I am glad Eliot brought her into my life

I'd pick staying on GS's board over the fed too

So this implies that the SEC and other government agencies turned a blind-eye towards Stanford's ponzi scheme and let tons of people lose their savings by depositing it in Stanford's bank because the DEA wanted his help tracking drug money?

Man, I love the war on drugs...