More on compensation: Morgan Stanley (MS -1.3%) - who reported quarterly losses this morning -...
Jul. 22, 2009 11:42 AM ETThe Goldman Sachs Group, Inc. (GS)JPM, GS, MSBy: Jason Aycock, SA News Editor2 Comments
More on compensation: Morgan Stanley (MS -1.3%) - who reported quarterly losses this morning - set aside 72% of Q2 revenue for pay and benefits as they battle Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) for talent. "It was a very good quarter to be a Morgan Stanley employee ... I’m not so sure it was so good to be a Morgan Stanley shareholder."
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Comments (2)
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herbert hoover
22 Jul. 2009
Screw the shareholders, this is about bonus money!
Vieira Trading
22 Jul. 2009
It is important that companies do not forget shareholders; I believe citizens are tired of watching insiders getting rich; government should have a role on this matter imposing limits. Do you remember Salesforce.com CEO selling 10,000 shares every single day?