Monday, November 17, 2008

Malus

Awesome word. As a potential deduction from a bonus, UBS executives may get a "malus". But, of course, I don't think it can result in a number lower than zero. http://dealbook.blogs.nytimes.com/2008/11/17/no-bonuses-for-top-ubs-executives/
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1 comment:

  1. PaulNovember 20, 2008 at 11:01 AM

    Was just thinking that this compensation structure looks like it is moving towards a private equity structure (clawbacks, profit sharing, long-term outlooks). Is this related to the fact that private equity investments tend to be negotiated and are mostly limited to smarter money?

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