Callahan’s Cleveland Diary

At Foreclosing Cleveland.

In case you missed it, the PD reported Tuesday that National City’s CEO is eligible for up to $5.5 million in year-end bonuses, its CFO for up to $4 million, and its Executive VP in charge of branch operations for up to $2 million.  These bonuses are “based on achieving return on assets and return on equity goals… and total shareholder return compared with a peer group”. 

How much will they actually get?  I know of at least 2,500 people who’ll be very curious this year.

This entry was posted on Thursday, November 29th, 2007 at 4:11 am and is filed under Foreclosure crisis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.