ALWAYS LOW PRICES, ALWAYS. BUT NOT SALARIES.

Wal-Mart Stores Inc.'s chief executives' compensation skyrocketed in 2002. Chief Executive Officer Lee Scott earned $18.28 million last year, including $13.1 million in restricted stock, more than doubling his 2001 payout, according to a filing with the SEC. Scott's salary was $1.14 million, on top of which he got a $3.16 million bonus, up 77% from his bonus the previous year, when his total compensation was $8.66 million. In its annual proxy statement, Wal-Mart also said Executive Vice President Thomas Coughlin more than doubled his pay, earning $7.87 million in 2002 vs. $3.11 million in 2001.

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Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

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