US Companies To Disclose Pay Ratios in 2017

So has decided the Securities and Exchange Commission yesterday. There is some flexibility in the way this can be computed but you will have to agree that the thrust is good given how pay packets have become disconnected from actual performance and talent.

The Indian Ocean Tiger should jump on the bandwagon. ASAP.

Goldman Sachs To Pay Half A Billion To Settle Case With SEC

But will admit no wrongdoing in the case that was filed against it by the securities watchdog back in April. Instead it has agreed that the marketing material related to one of its subprime mortgage investment product was incomplete.

Its stock rose after the settlement was announced indicating that the market was expecting a less favourable outcome.

How Rating Agencies Struggled With Growth

Or is it greed? You should read the SEC's summary report below to find out for example about one analytical manager e-mailing to a colleague that rating agencies were creating an even bigger monster -- the CDO market. Let's hope we're wealthy and retired by the time this house of cards falters. ;o)."

Not too sure they managed to retire in time.