Tuesday, October 21, 2008

Compensation alert - yet again

Peter Kraus, the head of strategy at Merrill Lynch is leaving the company and in the process will net $25 million in compensation. This resulted due to the takeover of Merrill by Bank of America.

Here is the stunner:
Peter Kraus joined Merrill in September. A month back!

And the McCain camp has issues with redistributing wealth.

No comments: