Despite the financial crisis, board members at the top banks in the US have seen their pay increase. The article cites specific boards and the massive paychecks these board members are getting, although it "essentially being a part-time job." Goldman Sachs board members have seen their pay increase 50 percent since 2008. Board members at Goldman are expected to see their compensation increase once again after a very strong year in 2012. Goldman Sachs board members are lucky because they receive the highest pay among the nations top banks, with Morgan Stanley's board right behind them. The average pay of Citigroup's board is $315,000, which is a 64% increase from 2008.
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Link: http://dealbook.nytimes.com/2013/03/31/pay-for-boards-at-banks-soars-amid-cutbacks/?hp
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