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: Treasury OKed “excessive” salaries for bailed-out firms
    The U.S. Treasury approved “excessive” pay raises for executives at several bailed ... employees at American International Group, Inc. (“AIG”), General Motors Corporation (“GM”), and Ally Financial Inc. (“Ally,” formerly General Motors ...
    01/29/2013 - 4:05 pm | View Link
  • 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
  • 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
  • Treasury approved big pay raises at bailed-out AIG, Ally and GM
    The Treasury Department ignored its own guidelines on executive pay at firms that received taxpayer bailouts and last year approved compensation packages of more than $3 million for the senior ranks at General Motors, Ally Financial and American ...
    01/28/2013 - 8:07 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
  • US Top News and Analysis
    First, make sure you're putting away enough money. But once you've earmarked a percentage of pay for retirement savings, where do you put it?
    04/25/2015 - 12:40 am | View Website
  • Ally Financial : Homepage
    Ally Bank. CDS, checking and savings, find atms, open an account, make a payment on your vehicle, log in.
    04/24/2015 - 6:07 pm | View Website
  • Business
    Report: Comcast Will Walk Away From Its Huge Deal With Time Warner Cable. Alison Griswold
    04/24/2015 - 5:45 pm | View Website
  • Stock Quotes & Stock Market News
    InvestorPlace provides millions of investors with insightful articles, free stock picks and stock market news.
    04/24/2015 - 1:20 pm | View Website
  • Latest News Headlines
    Please note that once you make your selection, it will apply to all future visits to If, at any time, you are interested in reverting to our ...
    04/24/2015 - 8:55 am | 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