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After making $2.7 million last year, Alomar was initially offered a package worth nearly $8 million over three years, but it included deferred money.
The remainder of Mr. Froman's earnings from Citigroup included deferred compensation and bonuses for work performed in prior years, as well as a $2 million payment for waiving his carried-interest stake in several private equity funds.
The cases against the five banks all included deferred prosecution agreements and required the banks — ABN Amro, Barclays, Credit Suisse, Lloyds and most recently ING — to forfeit a substantial amount of assets.
The settlements with the five banks generally included deferred prosecution agreements along with a substantial forfeiture of assets comparable in size to the basket of illegal transactions the banks engaged in.
This past July the Indians offered $75 million for five years, but the package included deferred payments, and Moorad said "deferrals are not something we're looking for here".
Similar(49)
Other ways included deferring expenses, or timing the sale of assets to burnish the bottom line when regular operations were losing money.
The complex three-phase plan outlined to industry analysts and investors in New York also included deferring the delivery of 30 Airbus Industrie jets for at least two years and cutting the number of flights to Florida.
The compensation figures include deferred compensation, some of which is subject to forfeiture.
They found that school districts that pay better — including deferred compensation, such as pensions — generally attract teachers from universities with better S.A.T. scores.
In 2005, two years after he resigned, he collected $6.1 million, a record severance package from a university, including deferred compensation and a lifetime home in Brookline.
As a result, the S.E.C. is likely to continue to adopt tactics employed by federal prosecutors, including deferred and nonprosecution agreements.
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