Cendant C.E.O. Gets $12.3 M. Bonus

MarketWatch is reporting that today’s filings, Cendant–the real-estate and travel conglomerate that owns, besides everything else, The Corcoran Group–disclosed the $12.3 million bonus they’ve just approved for C.E.O. Henry Silverman for performance in 2005.

A lot of dough! But not as much as last year.

For 2004, Silverman got a $15.3-million bonus, according to Read More

Mrs. Pataki Gets Paid, But Does Libby Lobby?

Last week, Governor George Pataki did his best to put his stamp on the state’s burgeoning reform movement.

“New Yorkers want a more open, accountable and responsive government,” he told the audience of dignitaries assembled for his hour-long State of the State speech in Albany on Jan. 5. “This year, let’s give it to them.” Read More

Carl McCall Does It Again

What in the world is Carl McCall thinking? Several years ago, the State Comptroller got into hot water when it was learned that, three days after a Los Angeles financial firm gave the McCall campaign $16,000 in December 1997, the state pension fund invested $85 million in a fund managed by that same firm. At Read More