Navigator News (Coverage Ranks) Business42096 Companies19402 Company19383 Ford Motors651 GMAC LLC 12 GMAC LLC Industry Financial Related People Barack Obama 1 Events Global Financial Crisis 6 2008 U.S. Financial Rescue 4 Bush Admin. 4 2008 U.S. Automaker Crisis 2 2008 U.S. Recession 2 American Markets 1 U.S. Markets 1

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 Administration plans big pay cuts at bailout firms WASHINGTON - The Obama administration will order companies that received huge government bailouts last year to slash the base salaries of their top executives by an average of 90 percent and cut their total compensation in half, a person familiar with the decision said Wednesday.   Activities:2008 U.S. Financial Rescue   Source:(AP)   2009-10-21 Charlotte in same predicament as Wall Street CHARLOTTE, N.C. - The financial collapse has hit the city known as Wall Street South.   Nations:U.S.   Activities:Global Financial Crisis   Source:(AP)   2009-02-14 GMAC posts profit, but main units lose money NEW YORK - Finance company GMAC LLC, which in December won a $6 billion government bailout, posted a $7.46 billion fourth-quarter profit on Tuesday because of a one-time gain, but its main operating units lost money amid higher credit losses and slumps in the housing and auto markets.   2009-02-03 Headlines Pay czar vows to rework AIG bonuses 2009-10-28 U.S. cuts pay at bailed out firms, BofA hits back 2009-10-22 Administration plans big pay cuts at bailout firms 2009-10-21 Charlotte in same predicament as Wall Street 2009-02-14 GMAC posts profit, but main units lose money 2009-02-03 Chrysler Financial gets $1.5B loan from bailout 2009-01-16 GMAC gives up some GM car financing in bailout 2009-01-02 GMAC completes debt deal to raise capital 2008-12-31 GMAC raises $21.2B in debt-for-equity swap 2008-12-31 GMAC Gets $6 Billion From Treasury to Revive Lending 2008-12-30 GM, GMAC seek to jump-start car loans after bailout 2008-12-30 Wall Street gains as GMAC gets financing 2008-12-30 Most-viewed U.S. cuts pay at bailed out firms, BofA hits back 2009-10-22 Chrysler Financial gets $1.5B loan from bailout 2009-01-16 Charlotte in same predicament as Wall Street 2009-02-14 GMAC posts profit, but main units lose money 2009-02-03

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