Sox First

Wall Street's culture of greed is back stronger than ever. Despite the recession and bank bailouts, Wall Street bankers are heading for record payouts.But what makes this really outrageous is t…

Want a pay rise? Go and work on Wall Street. While US workers salaries have barely moved in the wake of the worst financial crisis since the 1920s, Wall Street bankers had pay rises of about 20%.Fl…

Citigroup has set a new level of obscenity for executive pay. Citigroup received lots of government aid during the financial crisis, the taxpayers of America were propping it up. Citigroup is still…

While America's unemployment rate continues to climb, the fat cat chief executives are cashing in. In fact, they are making money off the jobless.Research released by the left leaning Institute…

While the rest of the world has been struggling losing jobs and homes, executive pay at the biggest banks and financial institutions has gone up. Particularly at those banks that were bailed out by…

Marie Antoinette would have been right at home in the United States where financial firms have increased the perks and benefits, like country club dues, chauffeured drivers, personal financial plan…

Nice work if you can get.Bob Joss, the former chief executive of Australian bank Westpac and now a Citigroup director is being paid $350,000 for as little as three weeks of work as a consultant. Th…

There is something sick about the priorities in financial markets.First, we have the New York Times reporting that bankruptcies across the United States has turned into a goldmine for accountants, …

There's money in those nuclear power plants. And nuclear executives are cleaning up, making much more than counterparts in other parts of the energy industry.According to the National Journal ,…

It's hard to go past this remarkable story in The Independent about how British bankers wanted to rein in runaway executive pay but how their plans were quashed by their American counterparts w…