Morgan Stanley Considers Goldman Sachsian Approach To Compensation (Follically-Speaking)

john_mack.jpgJohn Mack, like the Tom Arnold of investment banking (take a second on that one), has overcome huge odds to fight his way back to the top of his game.** Last year, the Morgan Stanley chief, who was shown the door in 2001, received a raise of 38% to take home $41.4 million, reports CNN Money. The package was comprised of a base salary of $800,000, $36.2 million in restricted stock, $4 million in other stock options, miscellaneous compensation of $15,447, $67,963 in pension benefits, $6,100 in matching 401(k) money and, perhaps most importantly, in the parlance of our times, use of the company jet valued at $321,848.

Earlier: How Goldman's Managed To Stay Out Of The Backdating Scandal

Morgan's Mack sees hefty pay raise [CNN Money]

**Rocky seemed too easy and we thought it was about time we—Carney—went public with our feelings for Carpool.

Comments

Posted by Zbignew, Feb 26, 2007 12:02PM

"like the Tom Arnold of investment banking "

Are you implying that he had anal sex with Rosanne Barr?

Posted by The Corner, Feb 26, 2007 2:21PM

pretty sure i don't get it

Post Your Comment