CNBC is reporting that compensation and executive recruiting firm Options Group said that Bear and Lehman executives who survived their firms fallouts and grabbed new gigs could get bigger bonuses then those at Goldman Sachs Group Inc.
Dealscape
reported Thursday that Goldman CEO Lloyd Blankfein and his executive
colleagues might have to forgo bonuses due to the firm's losses.
Meanwhile, Options said firms such as Nomura Holdings Inc., J.P. Morgan Chase & Co. and Bank of America Corp. are offering incentives to convince the cream of the crop to stay on through next year. CNBC did say individual payouts will vary widely, depending on location, business line and firm.
- Maria Woehr
Comments
Believe it or not, bonus-wise, former Bear Stearns Cos. and Lehman Brothers Holdings Inc. executives who were carried over to new firms could have lucked out.
Doesn't TARP limit unjust enrichment?