TITLE

No bonuses for MF Global execs

PUB. DATE
April 2012
SOURCE
Western Farm Press Exclusive Insight;4/26/2012, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of MF Global Trustee Louis Freeh not to pay bonuses to MF Global executives as of April 26, 2012, after the company's 2011 bankruptcy resulted in a loss of as much as 1.6 billion U.S. dollars of the firm's customer's money. According to Senate Agriculture Committee Chairwoman Michigan Senator Debbie Stabenow, Freeh made the right decision since people in charge should be held accountable, not rewarded with bonuses.
ACCESSION #
75901349

 

Related Articles

  • MF Global Trustee agrees not to pay bonuses to executives. Committee, The Senate Agriculture // Delta Farm Press Exclusive Insight;4/26/2012, p3 

    The article reports on the decision of MF Global to not pay its executives bonuses. The U.S. Senate Agriculture Committee has applauded Global trustee Louis Freeh decision to not pay its executives bonuses following its bankruptcy in 2011. In December 2011, U.S. Senators Debbie Stabenow and Pay...

  • MF Global executive bonus plan unanimously opposed by Senate.  // Delta Farm Press Exclusive Insight;3/28/2012, p5 

    The article reports that the U.S. Senate approved a resolution to reject a bonus plan for executives at MF Global. Senate Agriculture Committee chairwoman Debbie Stabenow told that the decision was made because the people who managed MF Global went bankrupt and lost money owed to its customers....

  • MONEY BOX.  // Professional Manager;Jul2010, Vol. 19 Issue 4, p43 

    The article reports that according to the 2010 National Management Salary survey, bonus payments have dropped from 60.9% in 2009 to 40.4% in 2010 in Great Britain.

  • California is cracking down on MTA safety bonuses. Ceniceros, Roberto // Business Insurance;10/20/97, Vol. 31 Issue 42, p1 

    Focuses on a state law which is aimed at cracking down construction safety bonuses paid out by the Los Angeles County Metropolitan Transportation Authority. How the state law will force the agency to provide a broader picture of worker injuries; Effective date of law; Details on how some...

  • What a bonus.  // Supply Management;2/18/2010, Vol. 15 Issue 4, p54 

    The article focuses on the bonus scheme which a law firm in London, England missed a mile without anyone earning something from them for setting targets in more prosperous times

  • Puerto Rico to Pay Christmas Bonuses. Slavin, Robert // Bondbuyer.com;11/24/2015, p28 

    The article reports that the Puerto Rico government will pay Christmas bonuses in 2015.

  • Honey, pass wife bonus. PENCE, MATTS // Telegraph (Calcutta, India);5/31/2015, p3 

    The article offers information on the bonus focused on stay-at-home wives to bring up children in the U.S.

  • Best Western.  // AirGuide Online.com;11/30/2009, p2 

    The article reports on the bonus rewards offered by Best Western International Inc. in the U.S.

  • Correction.  // Lawyer;5/26/2008, Vol. 22 Issue 21, p5 

    A correction to the article "Associates wait for payday - but magic circle bonus levels are anyone's guess," that was published in the May 19, 2008 issue is presented.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics