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jabailo
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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 Posted: Mon Sep 01, 2008 9:07 am Post subject: Diddy: Less Money, More Problems |
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http://www.cnn.com/2008/SHOWBIZ/Music/09/01/people.sean.combs.ap/index.html?iref=mpstoryview
| Quote: | Fuel prices have grounded an unexpected frequent-flyer: Diddy.
Sean "Diddy" Combs complained about the "... too high" price of gas and pleaded for free oil from his "Saudi Arabia brothers and sisters" in a YouTube video posted Wednesday.
The hip-hop mogul said he is now flying on commercial airlines instead of in private jets, which Combs said had previously cost him $200,000 and up for a roundtrip between New York and Los Angeles. |
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jabailo
Joined: 20 Mar 2006
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Location: Kent (East Hill), WA
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Thu Dec 18, 2008 3:24 pm Post subject: Free Market Comes to Boardrooms |
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http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aodKWFxp0SHs
| Quote: | | Dec. 18 (Bloomberg) -- FedEx Corp. cut Chief Executive Officer Fred Smith’s pay by 20 percent and will trim smaller amounts from U.S. salaried employees as the package shipper struggles with the longest recession in a quarter century. |
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=alCvE.4reMiI
| Quote: |
Amkor, the provider of packaging and tests for semiconductors, said yesterday that CEO James J. Kim will have his salary sliced in half, while senior executives take a 20 percent reduction.
Western Digital, the world’s second-largest maker of hard- disk drives, cut CEO John Coyne’s pay a third to $600,000 and Chief Financial Officer Timothy Leyden’s salary a quarter to $412,500. |
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Wed Mar 11, 2009 10:36 pm Post subject: |
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http://dequalss.com/2009/03/12/forbes-rich-sumbich-list/#more-5806
| Quote: | | The richest people in the world have gotten poorer, just like the rest of us. This year the world’s billionaires have an average net worth of $3 billion, down 23% in 12 months. The world now has 793 billionaires, down from 1,125 a year ago. |
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Thu Mar 12, 2009 9:09 am Post subject: |
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Millions are no longer millionaires
http://money.cnn.com/2009/03/11/news/economy/millionaires_2008/index.htm?ref=patrick.net
| Quote: | | The number of American households with a net worth of $1 million or more, excluding the value of their primary residence, fell 27% to 6.7 million in 2008 from an all-time high of 9.2 million the year before, according to a report from market research firm Spectrem Group. |
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Fri Aug 21, 2009 12:13 am Post subject: |
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Reversal of fortunes as rich become poorer
http://seattletimes.nwsource.com/html/nationworld/2009702927_rich21.html
| Quote: | | But economists say — and data are beginning to show — that a significant change may be under way. The rich, as a group, are no longer getting richer. During the past two years, they have become poorer. And many may not return to their old levels of wealth anytime soon. |
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Visit the Instant Postcard Collection @ http://instant-postcard-collection.com
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Wed Sep 23, 2009 7:21 am Post subject: |
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Giving Investors a Say on CEO Pay
http://www.time.com/time/business/article/0,8599,1729480,00.html?iid=sphere-inline-sidebar
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Investors this year have asked for so-called "say on pay" at some 100 companies, including Coca-Cola, IBM, General Motors, Exxon Mobil, Citigroup, Anheuser-Busch, General Electric and Wal-Mart. As companies hold their annual meetings throughout April and May, some 70 different institutional investors will be pushing to add an annual provision to let shareholders vote up or down on how companies pay their top five executives. |
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Wed Feb 03, 2010 2:23 pm Post subject: |
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http://www.rushlimbaugh.com/home/daily/site_020310/content/01125107.guest.html
Couric Faces CBS Populist Revolt
| Quote: | | ...Katie Couric faces a 50% pay cut. [...] Right now she gets $14 million a year, plus a couple bumps for non-evening news appearances. But her salary is now in the direct line of fire, according to network insiders who explained this to the Drudge Report," and get this: "A populist backlash against Couric's cash is said to be forming inside the newsroom. 'She makes enough to pay 200 news reporters $75,000 a year,' says a veteran producer. 'This is complete insanity,' the angry source continues. |
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Tue Mar 30, 2010 10:12 am Post subject: |
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Rich Stunned by Recession Sell Munis for First Time: Joe Mysak
http://www.bloomberg.com/apps/news?pid=20601039&sid=aXHsUQsPsW0I
| Quote: | | The rich did the unthinkable. They sold municipal bonds. Fear of a second Great Depression and the crackup of capitalism trumped the allure of tax-exempt income and a historical default rate of less than 1 percent. U.S. Treasury notes and insured certificates of deposit became the new investments of choice for those with the most to lose. |
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Visit the Instant Postcard Collection @ http://instant-postcard-collection.com
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Sat Apr 03, 2010 9:28 pm Post subject: |
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Bargain Rates for a C.E.O.?
http://www.nytimes.com/2010/04/04/business/04comp.html?ref=politics
| Quote: | | Equilar says the median pay package — the midpoint where half of the compensation packages on that list are lower and half are higher — declined by 13 percent last year, to $7.7 million. The average total pay tumbled by 15 percent, to $9.5 million. |
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jabailo
Joined: 20 Mar 2006
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Location: Kent (East Hill), WA
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Wed Aug 17, 2011 9:04 pm Post subject: |
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Volatile Stocks to Leave Lasting Scars on Fund Investors’ Psyche
| Quote: | The $12.2 trillion mutual-fund industry has historically been able to count on investors to come back to stocks after a significant selloff. They did so following “Black Monday” in October 1987, the Asian currency crisis in 1997 and Russia’s debt default in 1998. In the year after the 2000-2002 bear market, U.S. equity funds attracted $130 billion, ICI data show.
Funds that buy domestic stocks lost $98 billion in 33 straight weeks of withdrawals last year after the 20-minute plunge in May, ICI data show. They’ve had redemptions $74 billion this year. The latest withdrawal streak began in 2007 and didn’t end even as stock surged from their March 2009 lows.
“What we have seen this time is a much slower return to risk-taking,” said Francis Kinniry, principal at Vanguard Group Inc. in Valley Forge, Pennsylvania, the largest U.S. mutual-fund manager. He attributes the difference to falling home prices. In bear markets prior to 2008, residential property values were rising.
“There was significantly more wealth destruction this time around,” Kinniry said. |
http://www.bloomberg.com/news/2011-08-18/volatile-stocks-to-leave-lasting-scars-on-fund-investors-psyche.html |
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Visit the Instant Postcard Collection @ http://instant-postcard-collection.com
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Researching your dissertation? Serious collector? Just looking for something neat?
You've found the right place to add to your existing collection, or to start a new one.
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Fri Dec 16, 2011 10:50 am Post subject: |
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H-P to Limit Severance Payouts for Ousted Executives
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The revised severance policy, disclosed in the technology giant's annual report filed Wednesday with the Securities and Exchange Commission, means any executive officer terminated without cause will have to leave behind restricted shares or options that aren't vested at the time they leave the company |
http://online.wsj.com/article/SB10001424052970204844504577099023075898992.html |
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Tue Jan 17, 2012 11:38 am Post subject: |
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How Ireland's Richest Man Went From $6 Billion To -$3.5 Billion
| Quote: | | Sean Quinn, once Ireland’s richest man, was declared bankrupt on Monday, Bloomberg reported. Quinn, whose fortune was valued at around $6 billion (4.7 billion euros) by Forbes magazine in 2008, owes the bank almost 2.9 billion euros ($3.5 billion). |
Read more: http://www.businessinsider.com/sean-quinn-bankrupt-ireland-2012-1#ixzz1jkJyQgid |
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Visit the Instant Postcard Collection @ http://instant-postcard-collection.com
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Researching your dissertation? Serious collector? Just looking for something neat?
You've found the right place to add to your existing collection, or to start a new one.
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Thu Mar 29, 2012 8:55 am Post subject: |
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Billionaires behind bars!
Hong Kong Brothers Are Latest Billionaires Arrested
| Quote: |
The Kwok brothers are just the latest in a long line of billionaires and former billionaires to have big legal troubles. In January, Detroit billionaire Manny Maroun was thrown in jail for contempt for obstructing the law “once too often,” according to my colleague Joann Muller. He was only behind bars for one day. Other billionaires and former billionaires have not been nearly so lucky. Here are some highlights of those who are behind bars, those who may end up in prison and those that have done their time.
... |
http://www.forbes.com/sites/luisakroll/2012/03/29/hong-kong-brothers-are-latest-billionaires-arrested/ |
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Sat Jun 02, 2012 6:11 am Post subject: |
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World’s Richest Lose $24 Billion as Adelson Fortune Drops
| Quote: | The world’s richest people lost a combined $24.4 billion this week as concerns over Spain’s rising borrowing costs and the sputtering American job market caused global markets to tumble.
Casino mogul Sheldon Adelson lost $2.2 billion. Shares of his Nevada-based Las Vegas Sands Corp. (LVS) fell 10.3 percent during the week. On Friday, Macau casinos reported gambling revenue rose 7.3 percent in May, its slowest pace since July 2009. Adelson, 78, is the 22nd richest person in the world, according to the Bloomberg Billionaires Index. |
http://www.bloomberg.com/news/2012-06-01/world-s-richest-lose-24-billion-as-adelson-fortune-drops.html |
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Visit the Instant Postcard Collection @ http://instant-postcard-collection.com
Looking for postcards of that favorite place? Family origins? Or that perfect vacation, except for the photos?
Researching your dissertation? Serious collector? Just looking for something neat?
You've found the right place to add to your existing collection, or to start a new one.
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Posted: Thu Dec 27, 2012 11:29 am Post subject: |
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Apple CEO's Pay Drops 99% on Lack of Stock Awards
| Quote: | | Chief Executive Officer Tim Cook will receive compensation for 2012 valued at $4.17 million, down 99 percent from a year earlier because of a lack of stock awards he received for 2011. |
http://finance.yahoo.com/news/apple-ceos-pay-drops-99-115226395.html |
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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| Back to top |
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Visit the Instant Postcard Collection @ http://instant-postcard-collection.com
Looking for postcards of that favorite place? Family origins? Or that perfect vacation, except for the photos?
Researching your dissertation? Serious collector? Just looking for something neat?
You've found the right place to add to your existing collection, or to start a new one.
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jabailo
Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA
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