Executive Pay Limit, Pay Czar | featured news

Pay Czar Freezes GM, AIG CEO Salaries

Taxpayers won't foot the bill for raises for the chief executives at any of the four firms—GM, Chrysler, AIG, Ally Financial—still receiving assistance under the federal bank bailout.

 

Five AIG execs say may quit over pay

Five AIG execs say may quit over pay

Five senior executives at American International Group told the insurer last week they may quit if their compensation was cut significantly by the U.S. pay czar, the Wall Street Journal reported on Sunday.

 

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