Word: stocked
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...provisions to more employees. A few months ago, Morgan Stanley extended its clawbacks to trades that end up being losers. Bank of America is planning to extend its clawback provision to its top executives. And Goldman Sachs recently said bonuses for its top executives will be paid in restricted stock, making it easier to recoup pay down the road. (See pictures of the downfall of Bernie Madoff...
...instance, the firm's clawback provision only applies to the portion of their employees' compensation that is paid in deferred cash, which for most employees is only about a third of their pay. The other two-thirds of the firm's employees' compensation, paid out in cash and restricted stock, are not subject to the clawback provision. But in limiting the repayment provisions, Morgan Stanley might actually be promoting risky behavior, not limiting it. That's because traders may do whatever they can to boost the now smaller portion of their pay that, barring misconduct, is theirs to keep...
Members of the media were coming up to me asking for my opinion on the precipitous drop of Akpan’s draft stock. I did my best to reason that his MLS combine performance (underwhelming by most accounts) had hurt him, but surely four years of dominance (including a stint with the U.S. U-20 Men’s National Team) would take precedent in team evaluations, right? At least for one team, that seemed to be the case...
Nyamekye impressed at the MLS Combine with his combination of physical prowess and raw talent, but speculation that he would seek professional offers in Europe pushed his draft stock down...
Akpan, who was projected as a first-round selection before his MLS Combine performance caused his draft stock to decline, remained relatively upbeat after waiting to hear his name called...