Special Master for TARP Executive Compensation Issues First Rulings

Posted At : October 27, 2009 9:37 AM
Related Categories: Financial Crisis,Business/Economics,Income/Poverty

http://www.financialstability.gov/latest/tg_102220009e.html

Reviews the decisions of the Special Master for the Troubled Assets Relief Program. Reduces compensation for five top executives and the next 20 most highly compensated employees for each of the seven recipient companies of exceptional assistance funds: AIG, Citigroup, Bank of America, Chrysler, GM, GMAC, and Chrysler Financial. From the Department of the Treasury.

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