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Thanks to Kenny the Pay Czar Feinberg, many big banking CEOs such as Goldman Sachs&#39; Lloyd Blankfein, JPMorgan Chase&#39;s Jamie Dimon and Citi&#39;s Vikram the One Dollar Pandit took major pay cuts last year. However, as Bloomberg points out, there were more than a few major banking chiefs who had huge years in 2009. &lt;p&gt;Wells Fargo&#39;s Johnny Tree Stumpf, for one, banked $21.3 million, more than twice his take-home pay in 2008. In addition, a handful of CEOs whose firms have yet to pay back their TARP funds were given raises in pay last year. &lt;p&gt;Even so, Feinberg is pleased with his efforts, saying that the cuts that Blankfein, Dimon, Pandit and others incurred &quot;demonstrates better than anything the political impact of what I’m doing.&quot; The P.C. is also quite joyous about the overall figures: &quot;Average compensation for the Finance 50 CEOs fell 21 percent in 2009, to $8.95 million from $11.4 million a year earlier, according to Bloomberg data. That follows a 19 percent decline from 2007, when average compensation was $14.1 million.&quot;

Derek Loosvelt

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