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While Goldman has been a vocal proponent of reforming pay practices, the bank has not yet shown its hand and will only describe any major changes in its compensation structure when it announces final bonuses at the end of this year.
But, he said, Goldman also benefited from aberrations in its accounting, including a sharp drop in its compensation costs.
Goldman Sachs has also been accused of discrimination against women in its compensation, promotion and performance evaluation practices in a lawsuit by three former employees who are seeking class-action status.
Starr International, according to A.I.G.'s 2000 annual report, is not supposed to set aside A.I.G. shares for executives during any two-year period in its compensation plan when A.I.G. does not report growth in its earnings per share.
As an investor in Citi, the federal government obviously has an interest in its compensation plans, but Andrew Cuomo is not an agent of the federal government, and simply has no business telling companies how they should or shouldn't pay their employees.
UBS made the announcement in its Compensation Report, which had been agreed with the Swiss Federal Banking Commission.
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To do so, it works with enterprises to find out which metrics are important to them and actually builds improvement in those areas into its compensation.
On Thursday, it reported a 17percentt drop in quarterly earnings because of a change in its stock compensation plan, but it raised its revenue outlook based on stronger demand for personal computers.
In its proxy, it said its compensation committee "already uses a structured, principled pay-for-performance program".
MC, Sutton Coldfield Ooh la la... Eurostar told us it changed its compensation policy in October and said the reason you and the other passengers received incorrect information on board was down to "human error".
At private colleges, The Chronicle found in its annual compensation survey, the average president's salary is about $500,000.
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