[Money-matters] (no subject)

[Marc Cuniberti/Bay Area Process/KVMR FM/KFOK FM Radios]

Troubled financial giants getting cash infusions from the U.S. Federal
Reserve owe their executives more than $40 billion for past year's pay and
pensions as of the end of 2007, the Wall Street Journal said in an analysis.
The sums owed are mostly for special executive pensions and deferred
compensation, including bonuses, for prior years, said the paper.
The Journal also cited investment banks Goldman Sachs Group Inc, which owes
its executives $11.8 billion; JPMorgan Chase & Co, which has a payment of
$8.5 billion pending; and Morgan Stanley, which owes between $10 billion and
$12 billion to executives.
 
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