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Top Employees Flee Pay-Limited FirmsRemember that plan by Obama’s pay czar to radically limit executive pay at bailed out banks? And how some of us were predicting that they’d just go to companies whose pay was not limited? Well, it didn’t take long. Even before the Obama administration formally tightened executive compensatio ... |
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Bank Pay: Despite Pay Czar's Most Top Executives Have Left Bailed-Out FirmsThe administration had tasked Kenneth Feinberg, the Treasury Department's special master on compensation, to evaluate the pay packages of 25 of the most highly compensated executives at each of seven firms receiving exceptionally large amounts of taxpayer assistance.
But Thursday, he ruled only o ... |
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