Investors in the U.S. stock market have lost more than $9 trillion since the peak a year ago. But in industries at the center of the crisis, some executives managed to emerge with substantial fortunes. A study by The Wall Street Journal analyzed the cash compensation and net proceeds from stock sales of top executives at financial and home-building companies, over a five-year period. The list includes executives at companies that have performed relatively well, in addition to poor performers. Click on the columns below to sort the top 25 CEOs by total amounts they received. (See related article.)

Charles R. Schwab Charles Schwab 19405100 797200946 816606046 -44 Dwight C. Schar NVR 12181300 614141072 626322372 -64 Angelo R. Mozilo Countrywide Financial 92158109 378528752 470686861 -91 Robert I. Toll Toll Brothers 109121708 318646592 427768300 -73 Richard D. Fairbank Capital One Financial 716977 244627228 245344205 -71 Richard S. Fuld Jr. Lehman Brothers 45291012 139322037 184613049 -100 James E. Cayne Bear Stearns 51982623 111257780 163240403 -95 Bruce Karatz KB Home 30591262 161215737 191806999 -88 R. Chad Dreier Ryland Group 95966246 85454697 181420943 -85 Maurice R. Greenberg American International Group 17566576 115266874 132833450 -98 Paul C. Saville NVR 4688550 125772147 130460697 -64 Lloyd C. Blankfein Goldman Sachs 103114404 27002439 130116843 -79 Stephen L. Way HCC Insurance Holdings 26413944 95387302 121801246 -41 Larry A. Mizel MDC Holdings 69000940 41545979 110546919 -73 Robert F. Greenhill Greenhill 42824958 77410519 120235477 -33 Richard M. Kovacevich Wells Fargo 44241874 51891175 96133049 -39 Daniel M. Meyers First Marblehead 9402300 86418000 95820300 -99 Thomas A. Renyi Bank of New York Mellon 29398322 50367150 79765472 -49 Ara K. Hovnanian** Hovnanian Enterprises 41639052 48431376* 90070428 -97 Albert L. Lord SLM 8038823 78664391 86703214 -90 Michael A. Gooch GFI Group 6464600 76034135 82498735 -87 Kenneth D. Lewis Bank of America 36450000 44510000 80960000 -76 Jerry A. Grundhofer US Bancorp 21066861 54564900 75631761 -38 Joseph H. Moglia TD Ameritrade 20438733 55054546 75493279 -62 Phillip B. Lassiter Ambac Financial Group 2809924 71696383 74506307 -99 Note: *Period measured is July 1, 2003 to June 30, 2008. Stock proceeds defined as gross proceeds from stock sales, minus out-of-pocket costs to purchase shares and exercise employee stock options.

**$24 million of stock sales were as trustee for family members' trusts, for which Mr. Hovnanian disclaims any beneficial interest

Source: InsiderScore.com; Standard & Poor's ExecuComp; WSJ research



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