Sub-Prime CEO Compensation


July 21, 2008 by Preet 1 Comment

I came across some data listing the 2007 compensation for the CEOs for some of the companies involved in the sub-prime mortgage lending debacle (in one way, shape or form). It’ll be interesting to see what the CEOs make in 2008.

Bear Stearns: $11 million

Morgan Stanley: $18 Million

Lehman Brothers: $72 million

Goldman Sachs: $74 million

Countrywide Financial: $66.4 million (6 year average), and after Bank of America bought Countrywide the CEO is estimeated to make $100 million on the deal

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About Preet
Preet Banerjee, B.Sc., FMA, DMS, FCSI is the W Network's Money Expert. He is a former stockbroker and financial planner. Prior to that, he was a racecar driver, and before that he trained to be a neuroscientist. Basically, he can't hold down a job for very long.

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  1. A Lap Of The Blogs : WhereDoesAllMyMoneyGo.com says:
    July 25, 2008 at 4:00 am

    [...] James on Money responds to my post on Sub-Prime CEO Compensation by proposing a new model for CEO [...]

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