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MBIA Cuts Bonus Payments To Executives >MBI

DOW JONES NEWSWIRES MBIA Inc. (MBI) Monday said it cut executive bonuses for 2007 to the lowest amount in the financial-services company’s history. According to a filing with the Securities and Exchange Commission, the Armonk, N.Y.-based company said some executives will receive a more than 50% cut in their bonuses for the year. MBIA said it approved salary increases for certain [...]

This entry was posted on Monday, March 3rd, 2008 at 7:32 am and is filed under Dollar Investment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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