chuck prince
| 11:30AM 4/08/2010
Prince apologized Thursday for his firm's role in the financial crisis and for the losses the bank incurred that forced it to take a $45 billion government bailout. Joining him was former board member Robert Rubin, who likewise showed contrition.
| 10:00AM 10/02/2009
Does anyone who hasn't cured cancer, starred in a YouTube video or can hit a home run out of Yankee Stadium deserve $125 million? It's debatable, but paying such a large amount of money to retiring Bank of America Corp. (BAC) Chief Executive Ken Lewis is simply wrong.
Lewis, whose bank received $45...
| 12:15PM 2/17/2009
Excessive executive compensation has been getting a ton of media attention in recent months, but here's something even more egregious: continued multimillion dollar pay packages for executives who resigned because of poor performance years ago.
Disgraced former Citigroup (NYSE: C) CEO Chuck Prince...