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Legg focused on reversing fund withdrawals
Legg Mason Inc. has bounced back from the worst of the financial crisis by many counts. The Baltimore financial powerhouse has cleaned up its balance sheet without government help, returned to profitability and initiated a major cost-cutting program to...Tags: Retirement, Bonds, Mutual Funds, Personal Finance, Wells Fargo & Co.
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T. Rowe Price executives got pay raise last year
Baltimore-based T. Rowe Price Group raised Chief Executive Officer James A.C. Kennedy's total compensation by nearly 51 percent to $7.1 million last year when the company posted record assets under management, net revenue and profit. Kennedy's base...Tags: Finance, Stock Options, Companies and Corporations, T. Rowe Price, Shareholders
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CEOs paid more even as profits fall
Chief executives of public companies have long had a ready answer when criticized about high pay: It's all about company performance.
That argument has been put to the test by the toughest financial environment since the Great Depression. If...Tags: Board of Directors, Annual and Special Corporate Meetings, Politics, Pension and Welfare, W.R. Grace & Co.
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Tags: Lockheed Martin Corp., AT&T Corp., Stock Broking, Science and Technology, Itasca
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Mason holds $830 billion of investors' money in his hands
Sun National StaffAfter the conference call to his employees, after he briefed the stock analysts and the media and watched Wall Street exult over the prospect of Legg Mason Inc. morphing into the world's fifth-largest money manager, Raymond A. "Chip" Mason sat down and...Tags: Education, Lynchburg (Lynchburg, Virginia), Stock Broking, Values, Legg Mason, Inc.
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Rich rewards: Investors urged to watch director pay, stock holdings
Chicago TribuneFor years, critics have howled about executive pay, saying something must be done to curb excessive compensation. Now some are challenging what they consider one of the root causes: pay for the directors who set chief executives' compensation packages....Tags: Chicago Tribune, Companies and Corporations, Fairfield (Fairfield, Connecticut), CEO Pay, General Electric Company
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Feathering the nest egg with a gaggle of options
Special to the TribuneEntrepreneurial retirement-planning dreams often go something like this: Build business, sell business for huge profit at retirement to a larger corporation, live on the proceeds. But what if the white knight isn't coming? Nuts-and-bolts retirement...Tags: Retirement, Labor Legislation, Retirement Planning Services, Personal Finance, Politics
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Tags: Financial Planning, Retirement, Chicago Tribune, Mutual Funds, Personal Finance
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With deal, Legg enters risky realm of hedge funds
Sun StaffThousands of people with a penchant for the markets and a creative idea to beat them run hedge funds, or investment pools for the uber-rich. By Isaac Souede's estimation, though, only about one in 50 is any good. This at once explains why Legg Mason Inc....Tags: Mutual Funds, Death, Bank of New York Company, JPMorgan Chase & Co., AAA
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Tags: Financial Planning, Retirement, Trips and Vacations, Mutual Funds, Personal Finance
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Markets reopen, then tumble
Sun StaffNEW YORK - Capitalism emerged from the rubble of lower Manhattan yesterday. But the markets, open for the first time since last week's terrorist attacks, plunged immediately, sending the Dow Jones industrial average down more than 680 points, or 7.13...Tags: Labor Legislation, Death, Terrorism, BBC, Eyewear
Jan 30, 2011
|Story| Baltimore Sun
Mar 4, 2011
|Story| Baltimore Sun
May 25, 2011
|Story| Baltimore Sun
Aug 9, 2009
|Story| Baltimore Sun
Aug 20, 2006
|Story| Tribune Media Services
Jun 26, 2005
|Story| Baltimore Sun
Apr 30, 2006
|Story| Chicago Tribune
May 16, 2006
|Story| Chicago Tribune
Aug 13, 2006
|Story| Tribune Media Services
Jul 6, 2005
|Story| Baltimore Sun
Nov 26, 2006
|Story| Tribune Media Services
Sep 18, 2001
|Story| Baltimore Sun
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