It's a fixed game and political class has campaign money to raise so no questions will be asked. The most highly paid Wall Street CEO in 2011 was Henry Kravis who received $30 million, closely followed by his co-CEO George Roberts at $29.9 million.
Heads they win, tails they win.
Kravis and Roberts, 68, lead a list of 50 financial CEOs whose compensation collectively rose by an average of 20.4 percent in 2011 -- a year when most big banks and brokerages saw their revenues, profits and stock prices plummet. The 2011 pay rise followed a 26 percent increase in 2010 for CEOs who held the same job in both years.
In a comparison of 2011 financial CEO incentive pay against stock returns over three years, Citigroup Inc. (C) CEO Vikram Pandit, who was awarded $15 million in 2011, ranks as the executive who provided the least shareholder value. That award is being reconsidered after shareholders rejected it.
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