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Feinberg Said to Order 50% Pay Cuts at Rescued Firms: Video
Posted
March 23, 2012
Views
62
March 23, 2012
62
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1:37Now PlayingOct. 21 (Bloomberg) -- Executives at seven bailed-out companies including Citigroup Inc. and Bank of America Corp. will have their pay cut by an average of 50 percent after negotiations with Kenneth R. Feinberg, the U.S. special master on compensation, two people familiar with the matter said. Bloomberg's Hans Nichols reports. (Source: Bloomberg)
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