I think this pay for fail is almost as good as those trying to bring down the USA for personal gain with derivitives and such..
Quote:
(03-28) 10:19 PDT NEW YORK, (AP) --
The CEO of Bank of America was paid $7.5 million last year — six times what he got in 2010. That's according to an Associated Press analysis of a regulatory filing out Wednesday.
The bank says Brian Moynihan's pay package for 2011 included a salary of $950,000, a $6.1 million stock award and about $420,000 worth of use of company aircraft and tax and financial advice.
It happened in a year when Bank of America stock plunged 58 percent. The bank struggled with lawsuits from investors who had bought securities backed by problematic mortgage loans
http://www.sfgate.com/cgi-bin/articl...4D10.DTL&tsp=1
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Carl