czar

Germany's controversial suggestion of a European debt regulator with direct control over Greece's spending turned out to be such a touchy subject that Chancellor Angela didn't even mention the idea to the leaders at Monday's European Union summit in Brussels.

The four companies still receiving the largest amounts of government bailout aid won't be able to raise the amount of cash they pay out to their top executives this year, the administration's pay czar has ruled.

The Obama administration's former auto czar agreed Thursday to pay $6.2 million to settle civil charges over his role in an influence-peddling scandal involving New York state's public pension fund.

The Treasury Department's pay czar says 17 banks gave their top executives $1.6 billion in lavish payments while they were receiving billions of dollars in taxpaye

The Obama administration's pay czar said Friday that he did not try to recoup $1.6 billion in lavish compensation to top executives at bailed-out banks because he thought shaming the banks was punishment enough.

The Obama administration's pay czar Tuesday slashed pay again at five U.S. firms that still depend on a government lifeline, but boasted that the clampdowns are not sending talented workers fleeing for the exits.

The Obama administration's pay czar slashed pay again at five firms that still depend on a U.S. lifeline. he also said the clampdowns aren’t sending workers fleeing for the exits.

The administration's pay czar said Tuesday that the top 25 earners at five companies still receiving extraordinary aid from the government's bailout fund will be paid an average 15 percent less in 2010 than in 2009 under his restrictions.

Share + Comments Dec 11, 2009 11:45 am US/Pacific Kenneth Feinberg Caps Salary At $500K For Executives at Banks, Auto Companies The Obama administration's pay czar is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500,000 and delaying some other payouts.

The Obama administration's pay czar is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500,000 and delaying some other payouts.