For Wall Street Chiefs, Big Paydays Continue
Wall Street executives continued to receive big paychecks in 2003 despite investor outrage; Citigroup's chief executive Sanford I Weill and Merrill Lynch's chief E Stanley O'Neal collected their biggest paychecks ever in 2003--$44 million and $28 million; Bear Stearns' head James E Cayne received three times as much in stock options as he did year before, receiving $27 million last year compared with $19.6 million in 2002; companies that reduced pay of their chief executives despite healthy performances included MetLife, American Express and MBNA Corp; American Express paid chief executive Kenneth I Chenault 18 percent less in 2003 than in 2002, despite 36 percent rise in its share price; J P Morgan Chase's chief William B Harrison and Goldman Sachs Group's head Henry M Paulson Jr each received $20 million in 2003; graph; photos (M)
