Obama set to slash executives' salaries
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U.S. President Obama at the Joint Terrorism Task Force in New YorkSource: Reuters -
Chrysler-Fiat Chief Executive Sergio Marchionne listens to a question ...Source: Reuters -
Chrysler-Fiat Chief Executive Sergio Marchionne speaks during a news ...Source: Reuters -
U.S. President Obama delivers remarks during visit to the Joint ...Source: Reuters -
U.S. President Obama greets workers at the Joint Terrorism Task Force ...Source: Reuters -
Palmer, Senior Vice President and CFO of Chrysler-Fiat Group, speaks ...Source: Reuters
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- News Source: Seattle Times | about 1 month agoSmaller companies and those that repaid the bailout money, including Goldman Sachs Group and JPMorgan Chase, are not affected.
- News Source: The Indianapolis Star | about 1 month agoThe Obama administration plans to order companies that have received exceptionally large amounts of bailout money from the government to slash compensation for their highest-paid executives by about half on average, according to people familiar with...
- News Source: Epoch Times | about 1 month agoBailed-Out Corporate Execs to Take Steep Pay Cuts Executives and top-level employees at seven companies receiving bailout payments—including Citigroup Inc. and General Motors Co.—must take 50 percent pay cuts, according to reports citing U.S...
- News Source: San Francisco Chronicle | about 1 month agoThis person said Wednesday that the Treasury Department will announce the deep pay cuts within the next few days. Kenneth Feinberg, the special master at Treasury appointed by President Obama to handle compensation issues at the seven firms getting...
- News Source: Pittsburgh Post-Gazette | about 1 month agoResponding to the furor over executive pay at companies bailed out with taxpayer money, the Obama administration will order the firms that received the most aid to slash compensation to their highest-paid employees, an official involved in the...
- News Source: Chicago Tribune | about 1 month agoThe Obama administration plans to significantly cut the pay of executives at the seven companies that have received the most bailout money, reacting to a growing outcry about huge new bonuses and other compensation at firms propped up by taxpayer...
- Blog Source: www.egmcartech.comA total of seven companies will be asked to cut annual salaries of their 25 highest-paid executives by an average of about 90 percent form last year. Sources say that the U.S. Treasury Department will announce deep pay cuts within the next ... Pay
- Blog Source: blog.dealerdex.comThe Obama administration plans to order companies that received huge government bailouts to sharply cut the compensation of their highest-paid executives, according to a person familiar with the decision.
- Blog Source: www.huffingtonpost.comThis person said Wednesday that the Treasury Department will announce the deep pay cuts within the next few days. Kenneth Feinberg, the special master at Treasury appointed by Obama to handle compensation issues at the seven firms getting ... The
- Blog Source: blog.taragana.comRattner described his six-month stint leading the auto task force, which pushed GM and Chrysler into quick bankruptcies last summer with the help of billions of dollars in federal aid. The task force won concessions from the union, ...
- Blog Source: forum.pafoa.orgObama Administration to Order Steep Pay Cuts for Bailed-Out Companies Under the plan, the seven companies that received the most government aid will have to cut annual salaries by about 90 percent from last year for the 25 highest-paid executives. ...
- Blog Source: zikkir.comThe top 25 executives at General Motors Co., Chrysler Group LLC, GMAC and Chrysler Financial could face pay cuts under the Obama administration's latest plan to rein in compensation to companies that still owe billions to the government. ... U.S.
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Image Source: www.autoobserver.comChrysler announced Thursday ...Image Source: www.autoobserver.comChrysler announced Thursday morning ... -
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- Video Source: www.truveo.comSalary Cuts Coming for GM, ...Video Source: www.truveo.comSalary Cuts Coming for GM, Chrysler Execs
- Video Source: www.truveo.comObama Auto Task Force Meets - ...Video Source: www.truveo.comObama Auto Task Force Meets - Bloomberg
- Video Source: www.truveo.comRattner Says Recovery at GM, ...Video Source: www.truveo.comRattner Says Recovery at GM, Chrysler Is Not Assured
- Video Source: www.truveo.comRattner Says GM, Chrysler ...Video Source: www.truveo.comRattner Says GM, Chrysler Recovery 'Far From Assured'
- Video Source: www.truveo.com
- Video Source: www.truveo.com
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@BillDaley @danroc thanks for the plug. much appreciated.
about 1 month ago -
@dbfarber http://tinyurl.com/ylje6ed Pay Cuts Coming for Bailed Out Executives
about 1 month ago -
@jaketapper remember when a billion dollars was a lot of money?
about 1 month ago
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