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Top execs at GM and Chrysler could be in line for 90 percent pay cutTop-level executives at General Motors and Chrysler have enjoyed cushy paychecks for the better part of six decades, but that practice will likely come to an end in 2010 as the United States government looks to slash executive compensation at publically funded institutions. Copyright © 2007 World A ... |
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Treasury Dept. expected to halve pay of top execs at bailed-out banksThe Treasury Department on Thursday is expected to order seven companies that have not paid back last year's government bailouts to halve their top executives' average compensation.
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