No Pay Raises For Aig, Ally, Gm Chiefs

Chief executives of AIG, GM and Ally Financial, three companies bailed out by U.S. taxpayers and which remain partly owned by the U.S. Treasury, won't receive overall pay increases this year.

Sections:  news   politics   business   
  • Report: Gov't allowed high pay at bailed-out firms
    Treasury approved raises that exceeded pay limits and in some cases failed ... The company also is reviewing pay policies to ensure that compensation is tied to performance, AIG said. GM and Ally said they are complying with all pay restrictions under ...
    09/23/2017 - 1:07 am | View Link
  • TARP Watchdog Rips Treasury Over Big Pay Hikes at GM, Ally
    The Treasury Department has been vilified by a federal watchdog for allowing General Motors ... executive compensation for TARP firms, defended the raises and compensation packages at GM and Ally. She said the Treasury "has fulfilled its obligation to ...
    09/24/2014 - 3:14 am | View Link
  • Feds OK’d high pay at bailed-out firms
    WASHINGTON – A government report Monday criticized the U.S. Treasury Department for approving “excessive” salaries and raises at firms ... said more than half at AIG were at or below that level, while nearly half at GM and Ally were below it.
    01/28/2013 - 6:52 pm | View Link
  • U.S. watchdog agency blasts executive pay at bailed-out firms
    Moreover, it said, Treasury ignored its own guidelines and gave raises to the top executives ... It sold off most of its shares in AIG last year, only completing the task in December; it is selling of GM shares, but still controls Ally, which continues ...
    01/28/2013 - 6:00 pm | View Link
  • Report: Geithner approved 'excessive pay' for execs at bailed out companies
    Also noted: A $200,000 raise was approved for an executive of Ally's mortgage-lending ... according to the report. AIG has already paid back the $182 billion it got in the bailout. The government's remaining stake in GM will be sold off - for a loss ...
    01/28/2013 - 11:00 am | View Link
  • More
  • Today's Stock Market News and Analysis
    Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more.
    11/20/2017 - 1:08 am | View Website
  • Wires
    3 Hours Ago. BERKELEY, Calif., Nov 18- Economists presenting at a conference earlier this week blew through the organizers' four-slides-per-speaker limit, and the ...
    11/19/2017 - 9:12 pm | View Website
  • WSI Breaking News
    TEL AVIV, Israel (Project Syndicate) — A series of stunning political developments, originating in Saudi Arabia, has been roiling an already volatile Middle East.
    11/19/2017 - 6:49 pm | View Website
  • Video News
    Watch breaking news videos, viral videos and original video clips on
    11/19/2017 - 6:06 pm | View Website
  • US Top News and Analysis
    6 Hours Ago. Don't panic if you haven't saved the equivalent of three times your salary by age 40. Here's why these benchmarks don't work for everyone.
    11/19/2017 - 5:44 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News