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Last updated: 22:10:25 Thursday Dec 10, 2009


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  • Pay czar poised for next wave of rulings
    NEW YORK/WASHINGTON (Reuters) - The Obama administration's pay czar plans to announce on Friday his next wave of rulings as bailout recipients struggle to get out from under his thumb.   Activities:2008 U.S. Financial Rescue   2009-12-10

    Goldman top executives to take bonuses in stock
    NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N) plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.   2009-12-10

    Financial overhaul bill gets wary reception
    WASHINGTON - An Obama administration plan to dissolve large, struggling financial firms rather than bail them out is encountering Republican resistance, Democratic doubts and only qualified support from regulators.   Nations:U.S.   People:Timothy Geithner   Activities:111th Congress   Source:(AP)   2009-10-29

    Pay czar vows to rework AIG bonuses
    WASHINGTON (Reuters) - Renegotiating bonuses to American International Group employees is a "top priority," the Obama administration's pay czar said on Wednesday, adding he believes he can do so without losing key employees.   Activities:2008 AIG Crisis   Source:(Reuters)   2009-10-28

    U.S. cuts pay at bailed out firms, BofA hits back
    WASHINGTON (Reuters) - The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies for the final two months of the year, and was immediately slammed by the country's largest bank which claimed the cuts could send talent fleeing.   People:Barack Obama   Activities:2008 U.S. Financial Rescue   2009-10-22

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