Personal Finance Blog By MoneyRates - Money Rates
Bank Pay at Bailed-Out Banks Slashed by Half
October 22, 2009
Pay for top executives at bailed-out banks and financial institutions, including Bank of America, Citigroup, and GMAC, has been cut in half by the Treasury's compensation regulator, Kenneth Feinberg. Banks that have already paid back bail-out funds, including JPMorgan and Goldman Sachs, will not be affected by the Treasury's orders. Headline Not the Whole Story Here How to [...]
