Pennies on the Dollar
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Sunday, February 15, 2009
Pennies on the Dollar
Total compensation paid in 2007 to CEOs who testified before Congress compared to what they would make under the new rules (projection listed in italic):
| 1 | Lloyd Blankfein Goldman Sachs | $70.3 million $800,000 |
| 2 | Jamie Dimon J.P. Morgan Chase | $30 million $1.33 million |
| 3 | Ronald Logue State Street | $28.3 million $1.33 million |
| 4 | Robert Kelly Bank of NY Mellon | $20.1 million $1.3 million |
| 5 | Kenneth Lewis Bank of America | $16.4 million $2 million |
| 6 | John Stumpf Wells Fargo | $12.6 million $999,000 |
| 7 | John Mack Morgan Stanley | $1.6 million $1.1 million |
| 8 | Vikram Pandit Citigroup | $537,000* $333,000 |
* Note: Pandit became CEO on Dec. 11, 2007.
Source: Company SEC filings
