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Preet Banerjee, B.Sc., FMA, DMS is a financial advisor in Toronto serving Canadians in Ontario and BC. Information on this site is for entertainment purposes ONLY. Always seek individual professional advice before making any financial decisions. (For information on securing Preet's professional services, you may visit his website for his Toronto Financial Advisor practice.)
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July 21st, 2008 •
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I came across some data listing the 2007 compensation for the CEOs for some of the companies involved in the sub-prime mortgage lending debacle (in one way, shape or form). It’ll be interesting to see what the CEOs make in 2008.
Bear Stearns: $11 million
Morgan Stanley: $18 Million
Lehman Brothers: $72 million
Goldman Sachs: $74 million
Countrywide Financial: $66.4 million (6 year average), and after Bank of America bought Countrywide the CEO is estimeated to make $100 million on the deal
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A Lap Of The Blogs
Pingback by A Lap Of The Blogs : WhereDoesAllMyMoneyGo.com on 25 July 2008:
[...] James on Money responds to my post on Sub-Prime CEO Compensation by proposing a new model for CEO [...]