Bonus season not as festive for bank CEOs
JPMorgan Chase posted a record profit for 2011 yet Jamie Dimon received a smaller bonus. Morgan Stanley reported solid results but James Gorman saw his stock award fall from 10.2 million in 2010 to 5.1 million in 2011. Across Wall Street firms, bonuses and pay dropped as stock prices slid and mortgage costs remained high. Occupy Wall Street protests and lower underwriting fees reshaped compensation trends.
MENTIONED IN THIS ARTICLE
New York
Jpmorgan Chase
Jamie Dimon
Morgan Stanley
James Gorman
Wall Street
Jpmorgan
Goldman Sachs Group Inc
Jpmorgan Chase & Co
Goldman
Gorman
DUI arrests drop in Murphysboro and statewide trends
Murphysboro police arrested 25 drivers for DUI in 2009, 24 in 2010 and 13 in 2011. Chief Jeff Bock cites fewer arrests as evidence that enforcement has become more effective and public awareness up. Statewide DUI arrests declined from 45,000 in 2009 to 41,900 in 2010, with 2011 data unavailable.
MENTIONED IN THIS ARTICLE
Murphysboro
Jeff Bock
Illinois
Secretary of State
Chicago Tribune
Illinois Department of Transportation
Jackson County
Charles Mallet
Mallet
Jody O’guinn
O’guinn
Carbondale
Williamson County Sheriff’s Office
Accrual and Cash Basis Accounting in School Audits
CPA Tate explains cash basis recognizes received income and paid expenses while accrual records incurred but unpaid items. He stresses accrual is more accurate but requires expertise, hence districts mostly use cash basis. The audit is intended to illuminate board needs and separate duties between board and superintendent.
MENTIONED IN THIS ARTICLE
Tate
Tov
Fate
Stephen-Rickers
Prescription abuse study highlights ER pain patients and security strain
A study finds 44 percent of emergency department patients show chronic pain with four years average duration, complicating care and prompting security calls. Doctors and cops discuss drug-seeking patterns, duress, and the need for monitoring, contracts, and urine tests to curb abuse while preserving access for legitimate patients. The dialogue includes ER staff and enforcement officials noting the role of prescription monitoring systems and targeted chart flags to identify drug seekers.
MENTIONED IN THIS ARTICLE
Illinois
McNamara
Haake
Hays
DEA
State Pharmacy Board
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