New story from Wealth-Bulletin published by Mortimer Goth December 29, 2009
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Morgan Stanley weighs radical changes in pay structure
The investment bank’s compensation committee is said to be considering awarding at least 65% of the senior executives’ pay in terms of deferrals or “clawbacks”, with nearly 20% being given in shares based on Morgan's stock price compared with peers' share prices. More: http://tinyurl.com/compensation267