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Wall Street Has Many Things to Be Sorry About -- Just Not Corporate Jets

When JPMorgan Chase CEO Jamie Dimon and Bank of American (BAC) head Brian Moynihan flew today via corporate aircraft to Washington, D.C., to testify before a Congressional panel investigating the financial crisis, their mode of transport raised some eyebrows. But the furor over corporate jets, which are often the most efficient way to transport executives, distracts from the larger issues.

Directors Must Do More To Earn Their Keep These Days

Sitting on a corporate board of directors has always been great work if you can get it, especially if it's with a company that's generous with board member compensation. These days, directors are feeling the heat to get some real work done.

Citigroup plans pay raises

Goldman Sachs (GS) is rumored to be raising bonuses. Morgan Stanley (MS) set higher base pay for its top executives. Despite the disapproval of...