Monday, April 01, 2013

Be a director of a TBTF bank

You'll get about $95,000 more a year than a director at a large corporation.  The average compensation for a director at one of the six biggest banks in 2011 was $328,655. This compares with $232,142 at almost 500 publicly traded companies.

It's true that the compensation could be all in stock, but it's still a fairly big number - $488,709 on average for a Goldman Sachs director in 2011.  A Morgan Stanley director gets an average of $351,080.

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