$100 Million Payday Poses Problem for Pay Czar

In a few weeks, the Treasury Department’s czar of executive pay will have to answer this $100 million question: Should Andrew J. Hall get his bonus?

Mr. Hall, the 58-year-old head of Phibro, a small commodities trading firm in Westport, Conn., is due for a nine-figure payday, his cut of profits from a characteristically aggressive year of bets in the oil market.

There is little doubt that Mr. Hall is owed the money under his contract. ... Full Story »

Posted by Leo Romero - via New York Times (Most Emailed)
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Posted by: Posted by Leo Romero - Aug 1, 2009 - 8:14 PM PDT
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Edited by: Leo Romero - Aug 1, 2009 - 8:15 PM PDT

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