Articles About GMAC

Author:
James I. Clark III
Posted:
04.02.2010

Kenneth Feinberg Widens Review of Rescued Bank Compensation

The nation’s pay czar is widening his review of how much money hundreds of banks paid their top executives during the 2008 financial crisis. Kenneth R. Feinberg, officially the Special Master for Executive Compensation, is asking for details on compensation at 419 banks that were bailed out by the Treasury Department’s Troubled Asset Relief Program […]

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Author:
James I. Clark III
Posted:
01.14.2010

Czar Kenneth Feinberg Wants Across-the-Board Executive Pay Cuts

Compensation czar Kenneth Feinberg – officially, the Obama administration’s special master for executive compensation – believes that the pay reductions he mandated at seven taxpayer-rescued firms should become the model  for Wall Street and corporate America. “There is entirely too much reliance on cash and there’s got to be a better way to tie corporate […]

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