Look at these salaries!

Big bank execs: What they take home

When times were good, the top executives from the largest U.S. banks made a mint. Below is the total compensation in 2007 for the 9 banks that received the first batch of government aid through TARP.

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<!-- CONTENT --><SCRIPT language=JavaScript1.1 src="http://i.cdn.turner.com/money/.element/ssi/javascript/1.0/sorttable.js" type=text/javascript></SCRIPT><SCRIPT id=__ie_onload src="javascript:void(0)" defer></SCRIPT><STYLE type=text/css><!--#storyTable.cnnstoryTable2008ver a {color:#004276;}#storyTable.cnnstoryTable2008ver table th {background-color:#FFF; border-bottom: 1px solid #d1d1d1; color: #004276; cursorointer; font-size: 13px; font-weight: bold; text-align:left; vertical-align: bottom;}#storyTable.cnnstoryTable2008ver table th.sorttable_sorted {color: #333;}#storyTable.cnnstoryTable2008ver table tbody td {border-bottom: 1px solid #d1d1d1;}#storyTable tbody td img {border: 0px;}#storyTable tbody .rowcolor2 td {background-color:#f8f8f8;}#storyTable tbody .txtlft1TBL {color: #004276; width: 119px;}#storyTable tbody .txtlft2TBL {font-weight: bold; width: 211px;}#storyTable tbody .txtlft3TBL {width: 116px;}#storyTable tbody .txtlft4TBL {border-right:1px solid #ebebeb; width: 108px;}#storyTable tbody .cnnPosName {color: #777;}/* Footnote markers */.cnnFootnoteMarker {color: #999; font-size: 9px; vertical-align: super;}tbody .cnnFootnoteMarker {color: #666;}--></STYLE><TABLE class=sortable id=thisSortTable cellSpacing=0 cellPadding=0 border=0><THEAD><TR><TH class=txtlft1TBL sorttable_columnindex="0">Bank</TH><TH class=txtlft2TBL sorttable_columnindex="1">Executive</TH><TH class=txtlft3TBL sorttable_columnindex="2">Salary</TH><TH class=txtlft4TBL sorttable_columnindex="3">Total
Compensation</TH></TR></THEAD><TBODY><TR class=" rowcolor2"><TD class=txtlft1TBL>Bank of America</TD><TD class=txtlft2TBL sorttable_customkey="1">Kenneth D. Lewis Chairman and CEO
</TD><TD class=txtlft3TBL sorttable_customkey="1500000">$1.5 million</TD><TD class=txtlft4TBL sorttable_customkey="24800000">$24.8 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Bank of America</TD><TD class=txtlft2TBL sorttable_customkey="2">Joe L. Price Chief Financial Officer
</TD><TD class=txtlft3TBL>$800,000</TD><TD class=txtlft4TBL sorttable_customkey="6500000">$6.5 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Bank of America</TD><TD class=txtlft2TBL sorttable_customkey="3">Amy Woods Brinkley Global Risk Executive
</TD><TD class=txtlft3TBL>$800,000</TD><TD class=txtlft4TBL sorttable_customkey="9300000">$9.3 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Bank of America</TD><TD class=txtlft2TBL sorttable_customkey="4">Barbara J. Desoer Global Technology and Operations Executive
</TD><TD class=txtlft3TBL>$800,000</TD><TD class=txtlft4TBL sorttable_customkey="10500000">$10.5 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Bank of America</TD><TD class=txtlft2TBL sorttable_customkey="5">Liam E. McGee President Global Consumer and Small Business Banking
</TD><TD class=txtlft3TBL>$800,000</TD><TD class=txtlft4TBL sorttable_customkey="12200000">$12.2 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Bank of America</TD><TD class=txtlft2TBL sorttable_customkey="6">Brian T. Moynihan President of Global Corporate and Investment Banking
</TD><TD class=txtlft3TBL>$718,859</TD><TD class=txtlft4TBL sorttable_customkey="10100000">$10.1 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Bank of America</TD><TD class=txtlft2TBL sorttable_customkey="7">R. Eugene Taylor Former Vice Chairman and Former President, Global Corporate and Investment Banking
</TD><TD class=txtlft3TBL>$800,000</TD><TD class=txtlft4TBL sorttable_customkey="3300000">$3.3 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Citigroup</TD><TD class=txtlft2TBL sorttable_customkey="8">Sir Winfried Bischoff Chairman
</TD><TD class=txtlft3TBL>$373,734</TD><TD class=txtlft4TBL sorttable_customkey="6100000">$6.1 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Citigroup</TD><TD class=txtlft2TBL sorttable_customkey="9">Vikram Pandit CEO
</TD><TD class=txtlft3TBL>$250,000</TD><TD class=txtlft4TBL>573,813</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Citigroup</TD><TD class=txtlft2TBL sorttable_customkey="10">Gary Crittenden Chief Financial Officer
</TD><TD class=txtlft3TBL>$403,410</TD><TD class=txtlft4TBL sorttable_customkey="19400000">$19.4 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Citigroup</TD><TD class=txtlft2TBL sorttable_customkey="11">Sallie Krawcheck Chair and CEO—GWM
</TD><TD class=txtlft3TBL>$500,000</TD><TD class=txtlft4TBL sorttable_customkey="7100000">$7.1 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Citigroup</TD><TD class=txtlft2TBL sorttable_customkey="12">Lewis Kaden Vice Chairman
</TD><TD class=txtlft3TBL>$500,000</TD><TD class=txtlft4TBL sorttable_customkey="6800000">$6.8 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Citigroup</TD><TD class=txtlft2TBL sorttable_customkey="13">Michael Klein CEO- Global Banking
</TD><TD class=txtlft3TBL>$212,500</TD><TD class=txtlft4TBL sorttable_customkey="7900000">$7.9 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Citigroup</TD><TD class=txtlft2TBL sorttable_customkey="14">Stephen Volk Vice Chairman
</TD><TD class=txtlft3TBL>$212,500</TD><TD class=txtlft4TBL sorttable_customkey="7600000">$7.6 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Citigroup</TD><TD class=txtlft2TBL sorttable_customkey="15">Charles Prince Former Chairman and CEO
</TD><TD class=txtlft3TBL sorttable_customkey="1000000">$1 million</TD><TD class=txtlft4TBL sorttable_customkey="15100000">$15.1 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Goldman Sachs</TD><TD class=txtlft2TBL sorttable_customkey="16">Lloyd C. Blankfein Chairman and CEO
</TD><TD class=txtlft3TBL>$600,000</TD><TD class=txtlft4TBL sorttable_customkey="70300000">$70.3 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Goldman Sachs</TD><TD class=txtlft2TBL sorttable_customkey="17">Gary D. Cohn President and Chief Operating Officer
</TD><TD class=txtlft3TBL>$600,000</TD><TD class=txtlft4TBL sorttable_customkey="72500000">$72.5 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Goldman Sachs</TD><TD class=txtlft2TBL sorttable_customkey="18">Jon Winkelried President and Chief Operating Officer
</TD><TD class=txtlft3TBL>$600,000</TD><TD class=txtlft4TBL sorttable_customkey="71500000">$71.5 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Goldman Sachs</TD><TD class=txtlft2TBL sorttable_customkey="19">David A. Viniar Chief Financial Officer
</TD><TD class=txtlft3TBL>$600,000</TD><TD class=txtlft4TBL sorttable_customkey="58500000">$58.5 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Goldman Sachs</TD><TD class=txtlft2TBL sorttable_customkey="20">Edward C. Forst Chief Administrative Officer
</TD><TD class=txtlft3TBL>$600,000</TD><TD class=txtlft4TBL sorttable_customkey="49100000">$49.1 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>JP Morgan Chase</TD><TD class=txtlft2TBL sorttable_customkey="21">James Dimon Chairman and CEO
</TD><TD class=txtlft3TBL sorttable_customkey="1000000">$1 million</TD><TD class=txtlft4TBL sorttable_customkey="27800000">$27.8 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>JP Morgan Chase</TD><TD class=txtlft2TBL sorttable_customkey="22">Michael J. Cavanagh Chief financial officer
</TD><TD class=txtlft3TBL>$500,000</TD><TD class=txtlft4TBL sorttable_customkey="8300000">$8.3 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>JP Morgan Chase</TD><TD class=txtlft2TBL sorttable_customkey="23">Steven D. Black Co-CEO Investment Bank
</TD><TD class=txtlft3TBL>$400,000</TD><TD class=txtlft4TBL sorttable_customkey="20900000">$20.9 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>JP Morgan Chase</TD><TD class=txtlft2TBL sorttable_customkey="24">James E. Staley CEO Asset Management
</TD><TD class=txtlft3TBL>$400,000</TD><TD class=txtlft4TBL sorttable_customkey="16700000">$16.7 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>JP Morgan Chase</TD><TD class=txtlft2TBL sorttable_customkey="25">William T. Winters Co-CEO Investment Bank
</TD><TD class=txtlft3TBL>$564,379</TD><TD class=txtlft4TBL sorttable_customkey="21200000">$21.2 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Merrill Lynch</TD><TD class=txtlft2TBL sorttable_customkey="26">John A. Thain Chief Executive Officer
</TD><TD class=txtlft3TBL>$57,692</TD><TD class=txtlft4TBL sorttable_customkey="17300000">$17.3 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Merrill Lynch</TD><TD class=txtlft2TBL sorttable_customkey="27">Nelson Chai Executive Vice President and Chief Financial Officer
</TD><TD class=txtlft3TBL>$34,615</TD><TD class=txtlft4TBL sorttable_customkey="1700000">$1.7 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Merrill Lynch</TD><TD class=txtlft2TBL sorttable_customkey="28">Gregory J. Fleming President & Chief Operating Officer
</TD><TD class=txtlft3TBL>$350,000</TD><TD class=txtlft4TBL sorttable_customkey="27400000">$27.4 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Merrill Lynch</TD><TD class=txtlft2TBL sorttable_customkey="29">Robert J. McCann Executive Vice President
</TD><TD class=txtlft3TBL>$350,000</TD><TD class=txtlft4TBL sorttable_customkey="5000000">$5 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Merrill Lynch</TD><TD class=txtlft2TBL sorttable_customkey="30">Jeffrey N. Edwards Former Chief Financial Officer
</TD><TD class=txtlft3TBL>$275,000</TD><TD class=txtlft4TBL sorttable_customkey="2600000">$2.6 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Merrill Lynch</TD><TD class=txtlft2TBL sorttable_customkey="31">E. Stanley O’Neal Former Chief Executive Officer
</TD><TD class=txtlft3TBL>$584,231</TD><TD class=txtlft4TBL sorttable_customkey="24300000">$24.3 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Merrill Lynch</TD><TD class=txtlft2TBL sorttable_customkey="32">Ahmass L. Fakahany Former Co-President and Co-Chief Operating Officer
</TD><TD class=txtlft3TBL>$350,000</TD><TD class=txtlft4TBL sorttable_customkey="4600000">$4.6 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Merrill Lynch</TD><TD class=txtlft2TBL sorttable_customkey="33">Dow Kim Former Executive Vice President
</TD><TD class=txtlft3TBL>$309,615</TD><TD class=txtlft4TBL sorttable_customkey="14500000">$14.5 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Morgan Stanley</TD><TD class=txtlft2TBL sorttable_customkey="34">John J. Mack Chairman and CEO
</TD><TD class=txtlft3TBL>$800,000</TD><TD class=txtlft4TBL sorttable_customkey="1600000">$1.6 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Morgan Stanley</TD><TD class=txtlft2TBL sorttable_customkey="35">Colm Kelleher Chief Financial Officer
</TD><TD class=txtlft3TBL>$339,603</TD><TD class=txtlft4TBL sorttable_customkey="21000000">$21 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Morgan Stanley</TD><TD class=txtlft2TBL sorttable_customkey="36">David H. Sidwell Former Chief Financial Officer
</TD><TD class=txtlft3TBL>$275,000</TD><TD class=txtlft4TBL sorttable_customkey="14600000">$14.6 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Morgan Stanley</TD><TD class=txtlft2TBL sorttable_customkey="37">Robert W. Scully Co-President
</TD><TD class=txtlft3TBL>$500,000</TD><TD class=txtlft4TBL sorttable_customkey="15200000">$15.2 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Morgan Stanley</TD><TD class=txtlft2TBL sorttable_customkey="38">Gary G. Lynch Chief Legal Officer
</TD><TD class=txtlft3TBL>$300,000</TD><TD class=txtlft4TBL sorttable_customkey="11900000">$11.9 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Morgan Stanley</TD><TD class=txtlft2TBL sorttable_customkey="39">Thomas R. Nides Chief Administrative Officer
</TD><TD class=txtlft3TBL>$300,000</TD><TD class=txtlft4TBL sorttable_customkey="6300000">$6.3 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>New York Mellon Bank</TD><TD class=txtlft2TBL sorttable_customkey="40">Robert P. Kelly Chief Executive Officer
</TD><TD class=txtlft3TBL>$975,000 </TD><TD class=txtlft4TBL sorttable_customkey="20100000">$20.1 million </TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>New York Mellon Bank</TD><TD class=txtlft2TBL sorttable_customkey="41">Thomas A. Renyi Executive Chairman
</TD><TD class=txtlft3TBL sorttable_customkey="1000000">$1 million</TD><TD class=txtlft4TBL sorttable_customkey="22200000">$22.2 million </TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>New York Mellon Bank</TD><TD class=txtlft2TBL sorttable_customkey="42">Gerald L. Hassell President
</TD><TD class=txtlft3TBL>$800,000 </TD><TD class=txtlft4TBL sorttable_customkey="11800000">$11.8 million </TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>New York Mellon Bank</TD><TD class=txtlft2TBL sorttable_customkey="43">Bruce W. Van Saun Vice Chariman and Chief Financial Officer
</TD><TD class=txtlft3TBL>$650,000</TD><TD class=txtlft4TBL sorttable_customkey="8900000">$8.9 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>New York Mellon Bank</TD><TD class=txtlft2TBL sorttable_customkey="44">Steven G. Elliott Senior Vice Chairman
</TD><TD class=txtlft3TBL>$675,000</TD><TD class=txtlft4TBL sorttable_customkey="19700000">$19.7 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>New York Mellon Bank</TD><TD class=txtlft2TBL sorttable_customkey="45">Ronald P. O'Hanley Vice Chairman
</TD><TD class=txtlft3TBL>$675,000 </TD><TD class=txtlft4TBL sorttable_customkey="11500000">$11.5 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>State Street Corp.</TD><TD class=txtlft2TBL sorttable_customkey="46">Ronald E. Logue Chief Executive Officer
</TD><TD class=txtlft3TBL sorttable_customkey="1000000">$1 million</TD><TD class=txtlft4TBL sorttable_customkey="28300000">$28.3 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>State Street Corp.</TD><TD class=txtlft2TBL sorttable_customkey="47">Edward J. Resch Chief Financial Officer
</TD><TD class=txtlft3TBL>$650,000</TD><TD class=txtlft4TBL sorttable_customkey="6600000">$6.6 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>State Street Corp.</TD><TD class=txtlft2TBL sorttable_customkey="48">Joseph L. Hooley Vice Chairman
</TD><TD class=txtlft3TBL>$725,000</TD><TD class=txtlft4TBL sorttable_customkey="10300000">$10.3 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>State Street Corp.</TD><TD class=txtlft2TBL sorttable_customkey="49">Joseph C. Antonellis Vice Chairman
</TD><TD class=txtlft3TBL>$675,000</TD><TD class=txtlft4TBL sorttable_customkey="9000000">$9 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>State Street Corp.</TD><TD class=txtlft2TBL sorttable_customkey="50">James S. Phalen Executive Vice President
</TD><TD class=txtlft3TBL>$480,000</TD><TD class=txtlft4TBL sorttable_customkey="7000000">$7 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Wells Fargo</TD><TD class=txtlft2TBL sorttable_customkey="51">Richard M. Kovacevich Chairman
</TD><TD class=txtlft3TBL>$995,000</TD><TD class=txtlft4TBL sorttable_customkey="22900000">$22.9 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Wells Fargo</TD><TD class=txtlft2TBL sorttable_customkey="52">John G. Stumpf President & Chief Executive Officer
</TD><TD class=txtlft3TBL>$749,615</TD><TD class=txtlft4TBL sorttable_customkey="12600000">$12.6 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Wells Fargo</TD><TD class=txtlft2TBL sorttable_customkey="53">Howard I. Atkins Senior Executive Vice President & Chief Financial Officer
</TD><TD class=txtlft3TBL>$600,000</TD><TD class=txtlft4TBL sorttable_customkey="5100000">$5.1 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Wells Fargo</TD><TD class=txtlft2TBL sorttable_customkey="54">David A. Hoyt Senior Executive Vice President, Wholesale Banking
</TD><TD class=txtlft3TBL>$600,000</TD><TD class=txtlft4TBL sorttable_customkey="6400000">$6.4 million</TD></TR><TR class=" rowcolor2"><TD class=txtlft1TBL>Wells Fargo</TD><TD class=txtlft2TBL sorttable_customkey="55">Mark C. Oman Senior Executive Vice President, Home & Consumer Finance
</TD><TD class=txtlft3TBL>$600,000</TD><TD class=txtlft4TBL sorttable_customkey="6400000">$6.4 million</TD></TR><TR class=" rowcolor1"><TD class=txtlft1TBL>Wells Fargo</TD><TD class=txtlft2TBL sorttable_customkey="56">Carrie L. Tolstedt Senior Executive Vice President, Community Banking
</TD><TD class=txtlft3TBL>$495,192</TD><TD class=txtlft4TBL sorttable_customkey="4000000">$4 million</TD></TR></TBODY><!--// <tfoot> <tr> <td class="txtlft1TBL"></td> <td class="txtrgt3TBL">Total:</td> <td class="txtlft3TBL">$xxXXxx</td> <td class="txtlft4TBL" sorttable_customkey="1000000">$xxXXxx</td> </tr> </tfoot>//--><TFOOT></TFOOT></TABLE>Source: Company proxy statements for 2007.

And you wonder how they are failing.

Wow. How do I get one of those jobs?

Overpaid incompetent shitheads. Ran billion dollar companies into the ground. But when you pay off both poltical parties, your company not only gets bailed out but you get to keep your job. How sick is that?

you forgot to add me up there @)


Professional Gambler -$31,000 (approx) hno:

mr_mark said:

you forgot to add me up there @)


Professional Gambler -$31,000 (approx) hno:

Click to expand...

Just Kidding by the way
:nohead:

WTF??!! That is disgusting to say the least. This is probably a stupid question, but wtf is 'total compensation'? Is it bonuses? While these companies were tanking?

Wow

That 950 mil total. The tax payers should only match what the investers are willing to put up for a bailout for these Co.^^

i love the bullshit base salaries at goldman sachs.. what's the point...

although , that company is a little different than a bank..

and their stock will rise above 200 again someday

Why is the the CEO of Citigroup (Vikram Pandit) payed so much less than the other CEOs. Did he take a voluntary pay cut?

joebatters said:

WTF??!! That is disgusting to say the least. This is probably a stupid question, but wtf is 'total compensation'? Is it bonuses? While these companies were tanking?

Click to expand...

Stock options are likely the biggest part of the compensation package, but total compensation includes all benefits like company cars and planes and health care, for example.

Hookandcrook said:

Why is the the CEO of Citigroup (Vikram Pandit) payed so much less than the other CEOs. Did he take a voluntary pay cut?

Click to expand...

Yes, but he made like $200M the previous few years.

Fightfan said:

That 950 mil total. The tax payers should only match what the investers are willing to put up for a bailout for these Co.^^

Click to expand...

Taxpayers shouldn't match anything.

Those are unreal numbers. You only get those jobs by knowing the absolute rightest of the right people.

My co. has a few billion in assets (weak compared to those companies), and I would guess my CEO made less than 750K in '08.

anyone notice that 99% are men

year of the Ox said:

anyone notice that 99% are men

Click to expand...

Cause dem womens is suppose to be barefoot and pregant in da kitchen making my dinner yes sir.

Yeah, so let's shovel another $700B their way. I'm sure guys that can figure out how to pull 8 figure compensations won't be smart enough to get a big chunk of this lucre. After all, O says they can only have 500K per year. That'll do it. Public money now safe.

But I get charged multiple $35 nsf fees for misremembering I am overdrawn by $2