From The Financial Post

Toronto Trader David Berry The panel spent time discussing the “atmosphere” which existed at Scotia towards the end of Mr. Berry’s employment. “It is clear that serious issues, mostly relating to his compensation, had arisen.”

In each of the two prior years to Mr. Berry’s dismissal, he had earned $15-million, when CEO Rick Waugh made an average of $8-million and few on the Street would dream of making as much.

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Backstory: The Trader's Revenge, Toronto Life.