November 19, 2008

Today’s Damn News (11/18/2008)

Damn News (by

Damn News (by

Two CEOs to step down; One tipple murder after lay-off; One passed-away legend. Damn news these days!

November 18, 2008

No Bonuses for Top Goldman Executives

“Business Week: Much has been made today of the news that Goldman Sachs’ top seven executives, including CEO Lloyd Blankfein, are giving up their bonuses for 2008. According to a story in today’s Wall Street Journal, the move follows “months of internal debate” at the Wall Street firm, and that now that Goldman has acted, other firms on “Lloyd watch,” as the Journal calls it, will follow suit. Indeed, Swiss bank UBS has already done so, axing bonuses for its executive board members. The WSJ’s DealJournal blog referred to the bonus cut as “The Neutron Bomb of Wall Street.””

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Symantec CEO John Thompson to retire

Filed under: IT,software,US — DF @ 12:13 am
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“SAN FRANCISCO (MarketWatch) — Symantec Corp. Chief Executive John Thompson, who has led the security software maker through a trying period of expansion, will retire by the end of the company’s fiscal year, the company said late Monday.”

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