On the recordMay 4, 2023
Frankly, I think the American public is appalled that they are looking at CEOs of Silicon Valley Bank getting $10 million, walking out with even more in terms of stock, and nothing can be done.
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congress.govFrankly, I think the American public is appalled that they are looking at CEOs of Silicon Valley Bank getting $10 million, walking out with even more in terms of stock, and nothing can be done.
Reed expresses public outrage over high compensation for failed bank CEOs.
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I just have a sense from my experience in Rhode Island is that there is kind of this built-in resistance.
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the responsibility for this predicament and it is a very serious one is shared by both Congress and the Executives.