Biz, U.S.: Obama’s pay czar will take back executive pay if he has to
- Whether I have jurisdiction to decide his compensation or not, we will take a look and decide over the next few weeks.
- Obama pay czar Kenneth Feinberg • On what he’s considering doing to companies that have been slow to pay back money from the TARP program. Those companies include some of the government’s favorite targets: Citi, AIG, Bank of America, Chrysler Financial, Chrysler, General Motors and GMAC. Basically, two of the country’s biggest banks and the two auto companies that we bailed out. • source