Friday is the deadline for some of the largest financial firms on Wall Street to submit their executive compensation plans to the Obama administration’s pay czar.

Mr Stephen Schwarzman, who was paid US$702 million last year, is the highest-paid US CEO. (Bloomberg).

Click here if you’re unable to watch the video.

HELP keep the voice of TOC alive!

If you like this article, please consider a small donation to help theonlinecitizen.com stay alive. Please note that we can only accept donations from Singaporeans. Thank you for your assistance.

Do you have a flair for writing? Volunteer with us. Email us your full name and contact details to theonlinecitizen@gmail.com

One Response to “Wall Street executive compensation under scrutiny”

  1. tiredsingaporean 15 August 2009

    wow! if thats the case, then our MIW whom salaries are also pegged to those top CEOs be getting too. Really jaw dropping news.

    Reply