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Author Topic: Nasdaq execs get spanked for screwing up Facecrook's IPO  (Read 686 times)

kyrathaba

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Nasdaq execs get spanked for screwing up Facecrook's IPO
« on: April 12, 2013, 10:50:21 AM »
nasdaq2.png

http://www.reuters.com/article/2013/04/12/us-nasdaq-compensation-idUSBRE93B04820130412?feedType=RSS&feedName=technologyNews

Quote
Greifeld's bonus for 2012 fell 62 percent to $1.35 million...

The mishandling of Facebook's IPO also cost Anna Ewing, Nasdaq's executive vice president of Global Technology Solutions, a $263,625 cut to her bonus for 2012...

<comment>Poor execs. They needed that bonus, too...</comment>

<conversation>Greifeld: "Honey, I know I said my bonus would be almost $1.9 million, but somebody's gotta get spanked for that glitch.  We'll just take 3 vacations instead of 5 this year..."</conversation>

In March, U.S. regulators approved Nasdaq's $62 million compensation plan for firms that lost money in Facebook's market debut, far less than the $500 million in estimated losses.
« Last Edit: April 12, 2013, 11:05:26 AM by kyrathaba »

eleman

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Re: Nasdaq execs get spanked for screwing up Facecrook's IPO
« Reply #1 on: April 12, 2013, 11:41:48 AM »
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Greifeld's bonus for 2012 fell 62 percent to $1.35 million...

Yeah, take that biatch... you'll get merely my whole life's earnings as a full year's bonus. That should really teach you a lesson.

TaoPhoenix

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Re: Nasdaq execs get spanked for screwing up Facecrook's IPO
« Reply #2 on: April 12, 2013, 11:42:51 AM »
"1% problems".  ;)