Page 167 - Bonuses News Today

Have, what it is you would hop to learn from that hearing >> i mean, theres a coupl things that i would want t know did the investors fo leadership of silicon valley bank no what was happening we see the stories that some o the leadership sold stock, the got bonuses, et cetera that would be a little bit disconcerting right now. in addition, was this, again specific to this bank that was heavily invested in th start-up industry? heavily reliant on venture capital money et cetera? or is there some...

Streets larger banks to potentially prop up othe troubled institutions. meantime, republicans have gon from claiming that crisis wa caused by bankers distracted b diversity to claiming silico valley bank was quote too woke to fail. is this kind of rhetoric makin a difficult situation even harder to manage >> this kind of rhetoric about too woke to fail or whatever the exact terminology, absolutely absurd. no serious economist, no serious expert on the financia system would take it seriously but ...

Apartment that was part of his employment it wasnt being counted for as compensation and there was a lot of shenanigans going on like that bonuses that were being paid out and improper taxes wer being reported but, there is another case tha will be going to trial it is a civil case, and that i the new york attorney general case that will be heading to court in october and if that goes against the trump organization and the trump, that could be a fine of hundreds of millions o dollars. it is $250...

Bankers at the UK branch of the failed Silicon Valley Bank (SVB) have reportedly received bonuses totalling tens of millions of pounds.

For further action against bank executives who are engaged in mismanagement and see their banks fail this is the result of that let me just tick through the top lines of this, and then do some analysis on the fact that he is calling on congress to do this the president essentially calling on congress to expand the authority of the fdic to be able to take claw backs from bank executives, their stocks, their bonuses, also to bar executives from holding jobs in the banking industry when their banks...

Congress to take action to regulate banks, to really punish banks for this kind of mismanagement that could lead to what happened with silicon valley bank. on the other hand, on capitol hill, speaker mccarthy is pushing back. he is saying, we dont really need to do anything here. what do you expect to happen in terms of washington playing a role in this crisis? >> i think what president biden started out in terms of policy prescriptions when it comes to the banking collapse was interesting. he i...

Time. lester. >> all right. hallie jackson, thank you. financial markets were down again today as concerns persist about the strength of banks, and tonight president biden wants bank executives held more accountable. heres kristen welker with that. >> reporter: tonight president biden intensifying pressure on bank executives who engage in mismanagement and excessive risk, calling on congress to give regulators more power to reclaim bonuses and stock sale gains, make it tougher for dangering ex...

Saying he does not see a need for new regulations. >> i think the regulators didnt do their job. i dont know that we need new legislation. >> reporter: there is new scrutiny over the actions of former top executives at silicon valley bank. some questioning the company bonuses that were paid out hours before the bank was seized by federal regulators, and there is sharp focus on former ceo gregory beckerss role withth grououps that acactively lobbied to lift regulations put in place after the 2008...

We dont need these regulations, we dont need a liquidity test we dont need to stress test guess what, if they had done a stress test or liquidity tes you would have figured out you dont hold long term interes rates or bonds - >> with not a license for ba behavior i get that its like, on political party wants to blame this guy, another blame this guy. however -- and i said it here last nigh -- like, if i dont lock up all the vodka in my house, it does not mean that my 16-year-old i clear to drink...

Any bonuses they made or certainly any sales of stock, that that should be taken back, but it also is a call for bette regulation >> senator warren took aim at the fed as having a hand in these failures whats your confidence in powell after this >> ive always respected the independence of the fed. i think secretary yellen and chair powell acted decisively on sunday evening to guarantee deposits and to provide a lending facility for banks to say they would pay the face value of bonds that really ...