The amount of money Philippe Dauman has earned at the helm of the media giant is a lot higher than some reports suggest.» Read More
Amidst it all, it can be quite easy to miss a simple fact: since the start of the primaries, Barack Obama and John McCain have been interviewing for a job.
One of the best money managers in the business, Robert Doll of Blackrock, said something once that changed how I view almost everything in life: If you control what you can control, and do it well, you will always come out ahead.
Whether your career has landed you in the finance industry (poor you) or manufacturing or retail, you are in for a cold, dark winter. We all are. Our corporate leaders cannot cut 10% or 20%, much less 25% without chopping into some executive bone. That means you, partner. You, under the desk!
Baseball pundits have called the Tampa Bay Rays run into the World Series a Cinderella story. I call it a great business model for fledging startups and even venerable companies.
Under the stewardship of Chief Justice John Roberts, whose own background is largely in appellate litigation on behalf of corporate interests, business cases are a “growth area” of the Court’s docket.
One of my coaching clients should have wrapped up her search weeks ago. But with budgets tightening, the job that she seemed poised to get may not be filled after all. This has happened twice now in her search.
The banking sector has been hard hit by the financial turmoil and governments pumped tens of billions in banks but one of the conditions was that bankers get no bonuses. Tell us what you think.
I am boycotting the rest of the presidential campaign. I refuse to read or listen to any more rhetoric or attacks from either campaign. Obama blew his answer to the alleged plumber but McCain fumbled his prosecution of Obama at the debate last week. And now, everyone’s in a scrum to score points with Mr. Wurzelbacher, the wannabe business owner. Talk about fiddling while America is burning.
While employees in the financial sector have undoubtedly borne the brunt of recent job losses so far, more and more workers at all levels are facing an uncertain future, and find themselves facing a key question: "Where do I go from here?"
Gilded nameplates aside, being CEO is still a job. Jobs come with responsibilities, and with the natural expectation that these responsibilities will be fulfilled.
It's hell being a CEO or CFO these days. Well, try blogging. No sooner do I write something than it becomes outdated. So I'm going to blog about last week in hopes that history doesn't rewrite itself overnight.
Like a married man being interrogated by his wife about an alleged extramarital affair, Lehman Brothers CEO Dick Fuld sat in front of the House Committee on Oversight and Government Reform on Monday for nearly two hours.
A study presented to the House Steering Committee on Telehealth and Healthcare Informatics earlier this year cited that the country's health care system will require 40,000 additional health IT professionals (close to 40 percent) as the nation moves toward wider IT adoption.
We executives live with risk, but also work to mitigate it. And these times are riskier than normal. So at first glance it's no wonder that the media industry is bracing for a downturn in advertising.
As the finance industry currently stands, no one sails on unaffected. For those laid off during the crisis, experiences and perspectives vary. Vault.com spoke to several people who are coping with layoffs firsthand, and got their own take on how they are moving forward.
When searching for a new job, especially in finance, it’s essential to stay informed of current business news and trends, since they’re often the topics of interview questions and lunch meetings, and could affect where (and to whom) you’ll be sending your resume.
Did you hear the joke about the Wall Street CEO who made as much as $20 million for 18 days of work? Oh, sorry, it’s not a joke! Alan Fishman got a $7 million signing bonus for agreeing to take the helm of troubled Washington Mutual and he’s in line to get another $13 million in severance now that JPMorgan Chase will likely fire him after its acquisition of WaMu.
Just when it looked like the baby boomers would be riding off into the sunset, 401k's and other investments tucked securely in pockets to sustain them through retirement, along comes a "once in a century" financial meltdown and jeopardizes an entire generation's post-working life prosperity.
Irrespective of the bailout’s provisions, given the slow deal market, bankers throughout the industry will certainly receive much lighter bonuses this year versus last. And with the market expected to remain dry through 2009, bonuses next year won’t look much better.
Warren Buffett makes a surprise $5 billion endorsement to Goldman Sachs spacer, while Treasury Secretary Paulson agreed that a proposed $700 billion financial bailout be modified to put some limits on executive pay. Following are today's top videos: