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:
  • Congress criticizes pay for General Motors executives following bailout [Detroit Free Press]
    Sparked by an inspector general's report criticizing compensation of top executives at GM, Detroit-based Ally Financial and insurance giant AIG, the House Oversight ... would most likely give executives bigger raises as soon as it leaves TARP.
    02/26/2013 - 11:00 am | View Link
  • Feds OK’d 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 ...
    01/28/2013 - 11:00 pm | View Link
  • US watchdog blasts pay at bailed-out firms
    Moreover, it said, Treasury ignored its own guidelines and gave raises to the top ... It sold off most of its shares in AIG last year, only completing the task in December; it is selling off GM shares, but still controls Ally, which continues to bleed ...
    01/28/2013 - 2:19 pm | View Link
  • U.S. government allowed high pay at bailed-out firms, report says
    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 - 11:00 am | 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
BING SEARCH:
  • MyWay
    Mindspark Interactive. Help Uninstall EULA Privacy Uninstall EULA Privacy
    04/22/2018 - 11:05 pm | View Website
  • NZ Herald Homepage
    Latest breaking news articles, photos, video, blogs, reviews, analysis, opinion and reader comment from New Zealand and around the World - NZ Herald
    04/22/2018 - 3:20 pm | View Website
  • McLeodGaming
    Thank you all for your patience, the website and forums are back in business! Things should be back to normal now, but if you notice anything fishy please let us know!
    04/22/2018 - 1:11 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
    04/22/2018 - 10:48 am | View Website
  • What I Am Reading
    Apr 19 (Thursday) Markets Flattening Yield Curve Raises Warning Flag (W) Banks: We Just Had a Record-Breaking Quarter. Shareholders: Meh (B) Commodities Surge to Highest Level Since 2015 (B)
    04/22/2018 - 7:56 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