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   
RELATED ARTICLES
BING NEWS:
  • Bailed-out AIG, Ally and GM executives get big raises, courtesy the Treasury Department
    The report from the special inspector general for the Troubled Assets Relief Program said the government’s pay czar signed off on $6.2 million in raises for 18 employees ... of the top 25 employees of AIG, GM and Ally. The three firms combined received ...
    01/29/2013 - 7:58 am | View Link
  • TARP Watchdog: Treasury Failed To Rein In Pay At Bailed-Out AIG, GM, Ally Financial
    Ally executives sought pay raises for the president of ... the seven banks that originally received TARP loans declined by more than 50% (including a more than 90% cut to cash pay), and that the CEOs of AIG, GM and Ally (the former GMAC) have not received ...
    01/29/2013 - 3:07 am | View Link
  • Report: Feds allowed high pay at bailed-out AIG, GM, Ally
    A government report Monday criticized the U.S. Treasury Department for approving “excessive” salaries and raises at firms ... also is reviewing pay policies to ensure that compensation is tied to performance, AIG said. GM and Ally said they are ...
    01/28/2013 - 11:00 am | View Link
  • Government Audit Criticizes the US Treasury for Approving Pay Rises at GM, Ally and AIG
    The US Treasury has been harshly criticized by a government auditor for approving ‘excessive’ pay raises for CEOs at three companies ... even more for 94% of the top-tier executives at GM, Ally and AIG (65 executives in total).
    01/28/2013 - 11:00 am | View Link
  • Watchdog Report Details How GM, Ally and AIG Executives Lobbied For More Pay.
    The Treasury now holds stakes in just two of the companies highlighted in the SIGTARP report — GM and Ally ... full here. AIG: SIGTARP previously reported that AIG pushed for excessive raises in cash salaries and pushed against pay in AIG stock.
    01/28/2013 - 8:06 am | View Link
  • More
BING SEARCH:
  • Financial Times
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
    07/31/2015 - 9:47 pm | View Website
  • Finance
    Paul Singer knows who has been passing around his confidential investor letters and he's 'seeking monetary damages'
    07/31/2015 - 9:47 pm | View Website
  • Today's Stock Market News and Analysis
    Please note that once you make your selection, it will apply to all future visits to NASDAQ.com. If, at any time, you are interested in reverting to our ...
    07/31/2015 - 9:25 pm | View Website
  • Ally Financial : Homepage
    Ally Bank. CDS, checking and savings, find atms, open an account, make a payment on your vehicle, log in.
    07/31/2015 - 8:57 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    07/31/2015 - 4:25 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