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GM CEO calls pay cuts ‘fair'

Jeffersonville : IN : USA | about 1 month ago  
Views: 1
  • General General Motors Co. Chief Executive Fritz Henderson speaks during a news conference in Shanghai
    General General Motors Co. Chief Executive Fritz Henderson speaks ...
    Source: Reuters
  • General General Motors Co. Chief Executive Fritz Henderson attends a news conference in Shanghai
    General General Motors Co. Chief Executive Fritz Henderson attends a ...
    Source: Reuters
  • General General Motors Co. Chief Executive Fritz Henderson speaks during a press conference in Shanghai
    General General Motors Co. Chief Executive Fritz Henderson speaks ...
    Source: Reuters
General General Motors Co. Chief Executive Fritz Henderson speaks ...
GM-N CEO Fritz Henderson said Wednesday that government-imposed cuts to his own salary, and the pay of other executives at seven companies that received taxpayer money, were “fair” and “thoughtful.” Mr. Henderson was among executives who will see their base salaries slashed under a plan...
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  • News Source: The Journal Gazette | about 1 month ago
    Financial Services raise an additional $11.5 billion in capital by early November after undergoing a “stress test” along with 18 other banks. The company also said Wednesday the Federal Deposit Insurance Corp. would back a $2.9 billion debt...
  • News Source: The Globe & Mail | about 1 month ago
    GM-N CEO Fritz Henderson said Wednesday that government-imposed cuts to his own salary, and the pay of other executives at seven companies that received taxpayer money, were “fair” and “thoughtful.” Mr. Henderson was among executives who will...
  • News Source: Arizona Republic | about 1 month ago
    General Motors CEO Fritz Henderson says pay cuts for himself and other top executives at companies that received billions of dollars in taxpayer money were "fair" and "thoughtful." Henderson is among the executives at seven companies who will see...
Blogs
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  • Blog Source: www.egmcartech.com
    According to an Obama administration official, the US Treasury Department is in talks with GMAC Financial Services Inc. about another ...
  • Blog Source: www.wafb.com
    CEO Fritz Henderson said Wednesday that government-imposed cuts to his own salary, and the pay of other executives at seven companies that received taxpayer money, were "fair" and "thoughtful." Henderson was among executives who will ...
  • Blog Source: www.moneymorning.com
    The Treasury has injected GMAC with a total of $12.5 billion since December 2008. The most recent infusion came on May 21, after GMAC failed to pass the government's stress test. GMAC received $7.5 billion after the government concluded ...
  • Blog Source: blog.pricewheels.com
    GMAC Financial Services is in talks with the Treasury Department for another infusion of taxpayer money. GMAC, which provides auto loans and leases to car shoppers, faces a November deadline to raise an $11.5 billion capital cushion ...
  • Blog Source: www.miniface.net
    Washington -- General Motors Co. president and CEO Fritz Henderson said today the decision by the Treasury Department's special master to cut his salary by 25 percent and other GM executives was "tough" but "fair." ...
  • Blog Source: www.thedeal.com
    GMAC Financial Services Inc. is in talks with the Treasury Department for a third infusion of government funds as the lender comes up against a November deadline to raise $11.5 billion as required by the government's stress test earlier ...
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