- Dimon receives $10m shares
- Cuomo charges BofA, ex-CEO with fraud; SEC settles
- Senators Propose 50% Bonus Tax on Banks That Got Bailout Funds
- Cost of Insuring Greek Debt Soars
- SEC Charges State Street Over Subprime Mortgage Investments
- Japan Transport Min: Toyota Mulling Recall Prius Recall
- Euro-Zone Debt Worries Hit Stocks And Euro Again Read the rest of this entry »
Tags: Andrew Cuomo, Bank of America, Bonuses, CDS, Compensation, Goldman Sachs, Greece, Jamie Dimon, JP Morgan, Ken Lewis, Lloyd Blankfein, Politics, SEC, Sovereign debt
How long before the yelling and screaming out of Congress?: The NY Post says that Bank of America has been making millions in bonus payouts (or whatever you want to call them) to retain talent that they’d otherwise lose to the likes of deep pocketed foreign banks who are increasingly willing to pony up: 
Break out the popcorn and grab a front row seat, because we suspect that this show will probably have some fireworks: Ken Lewis testifies in D.C. tomorrow about how the Merrill Lynch deal went down. Turns out there’s email evidence that Ben Bernanke engaged in some arm twisting to get the deal done……. 
