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Battle over bank pay: As Goldman bars cash bonuses, tax wins support – Herald Tribune

10 hours ago ago from Require Domain

Battle over bank pay: As Goldman bars cash bonuses, tax wins support Herald Tribune NEW YORK With France joining Britain in proposing a steep tax on bank bonuses, and new U.S. pay rulings set to be released today, Goldman Sachs moved Thursday to quell the uproar over its resurgent profits and executive bonuses. Bowing to calls for Battle over bank pay: As Goldman bars cash bonuses, tax wins support Herald Tribune NEW YORK With France ...

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Europe's leaders say tax financial bonuses more

23 hours ago ago from PopEater

BRUSSELS -European leaders ganged up against fat bonuses to bailed-out bankers Thursday, hoping to create a groundswell of support from around the globe. British Prime Minister Gordon Brown and French President Nicolas Sarkozy agreed it was a good idea to slap higher taxes on performance pay, especially considering they are back on the rise soon after last year's financial meltdown that led to taxpayer-funded bailouts in some cases. German ...

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