He thought that the lush bonus requests came across as greedy and insensitive — particularly because Wall Street was in such dire straits that it was likely taxpayer support would be needed to survive.
DuPont Chairman and Chief Executive Charles O. Holliday responded to the 10% drop in business by waiving his bonus and requesting that he receive no salary increase in 2002.
The Daily Chronicle, our local paper in Centralia, Wash., published names, salaries and bonuses upon request.
But Auerbach knew that the Rochester Royals, who owned the first draft pick, already had a skilled rebounder in Maurice Stokes, were looking for an outside shooting guard and were unwilling to pay Russell the $25,000 signing bonus he requested.
Like a growing number of senior executives, Jamie Dimon of JPMorgan Chase and Robert E. Rubin of Citigroup will not request bonuses, people familiar with their plans said.
"This program is only for requesting bonus bounties after the original vulnerability was resolved with the app developer," it notes.
While Mr. Dimon of JPMorgan does not intend to request a bonus, his deputies are expected to receive bonuses based on their divisions' performance, said people briefed on the situation.
But Mr. Rubin, an influential Citigroup board member and adviser, will not request a bonus for the second year in a row.
No longer does it seem acceptable that John Thain, the since-ousted Merrill Lynch chief who ordered the accelerated bonuses that so irked McCaskill, would spend $1.2 million of his fast-sinking firm's money to redecorate his office -- and then, with Merrill's losses being revealed as even greater than feared, request a bonus of up to $10 million for himself.
When a ship requires less time than agreed beforehand, the terminal can request a bonus for quicker handling, the so-called despatch.
