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Archive Home > 2008 > December > 21 > On Wall Street, the bonuses, not profits, were real

On Wall Street, the bonuses, not profits, were real

By Louise Story / The Bulletin
December 21, 2008

“As a result of the extraordinary growth at Merrill Lynch during my tenure as CEO, the board saw fit to increase my compensation each year.”

— E. Stanley O’Neal, the former chief executive of Merrill Lynch, in March 2008

For Dow Kim, 2006 was a very....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.