Tags: US | Bailouts | Pay

Treasury Pay Czar Releases 2010 Pay Guidelines

Friday, 16 Apr 2010 12:09 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The Treasury Department says three big companies still living on federal bailout money will see cash salaries for 225 of their top earners limited in 2010 so that only five of those executives will be making cash salaries above $500,000.

The Treasury Department said that would be a reduction from 69 officials in this group who were earning cash salaries above $500,000 in 2009.

The three firms involved are General Motors and its financing arm GMAC and insurance giant American International Group.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Goldman, US Agency in Mortgage Settlement Worth $1.2 Billion

Friday, 22 Aug 2014 21:30 PM

Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie . . .

California Senate Passes Gun Database Checks Bill

Friday, 22 Aug 2014 22:46 PM

The California Senate passed a bill on Friday requiring local law enforcement to search a database of firearms owners in . . .

Parole for John Lennon's Killer Mark David Chapman Denied Again

Friday, 22 Aug 2014 22:19 PM

John Lennon's killer was denied release from prison in his eighth appearance before a parole board, correction officials . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved