Wall Street Compensation Overhauls Continue

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  Well, the continuing hot news on Wall Street centers around reform, regulation, and compensation overhauls…      â€ťradical change amid intense pressure”           - Market Watch, by Alistar Barr on 03/16/09 Top that with the AIG hearings and outrage this past week and you’re bound to see more and more investments firms looking to buy or build [...]

Doubt Looms Over Future Retention Packages

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  Morgan Stanley and Smith Barney brokers appeared hopeful last month when James Gorman, co-president of Morgan Stanley and chairman of the new joint venture, confirmed that there would be retention deals for both sides, with the “packages structured attractively in line with industry practice.” The intent, of course, being to dissuade top brokers from [...]