Under the government plan, the long-gone CEOs would not have to give anything back, said Steven W. Adamske, a spokesman for the House Committee on Financial Services. He said there was no constitutional way to recoup pay retroactively.
Meanwhile, the former CEOs who accepted fat severance packages from the banks at the heart of the crisis are long gone.
Bank of America’s mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid...
A Caribbean bank formerly co-owned by Barclays has been targeted by US tax authorities seeking information...
