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When William T. Winters was passed over to run the investment-banking division of JPMorgan Chase (JPM) last fall, the news made something of a splash. Winters, who had been co-head of the unit until the announcement, saw the job go to James E. Staley instead, and stepped down at the end of September (though he [...]
Here at footnoted, we love lawyers. Really we do! They’re not only the source of much of what we write about day in and day out, but several have been known to provide us with tips on funny stuff that they find buried in the filings. Others have provided us with guidance — free of [...]
Merger talk is swirling around United Airlines (UAL), with reports of a deal in the works first with US Airways (LCC) and more recently with Continental Airlines (CAL).
We’re sure there are plenty of operational reasons United’s management might be looking for a deal. But we also couldn’t help noticing that the company has made it [...]
UnitedHealth (UNH) CEO Stephen J. Hemsley got some ink this week for his 2009 pay package, which jumped to $8.9 million from $3.2 million, by the calculation in the company’s proxy. The Associated Press tallied it differently, but notes that UnitedHealth’s profit rose 31% to $3.8 billion even as it saw a 6% decline in [...]
For a store that makes money on the principle of thrift, Dollar General (DG) can be surprisingly generous with its departing executives.
We first saw this in 2005, when Michelle wrote this post about the company’s lucrative send-off for “Chairman Emeritus” Cal Turner, Jr. At the time, Dollar General announced Turner’s retirement without mentioning that he left [...]
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