The salaries of the top 100 employees at seven US companies that received government bail-out funds will be vetted by a “special master” appointed on Wednesday as part of the Obama administration’s executive compensation reforms. Kenneth Feinberg, former head of the 9/11 compensation fund, was named as “special master” empowered to reject the pay plans of companies getting assistance from the government.

This entry was posted by Gwen Robinson on Thursday, June 11th, 2009 at 4:51 and is filed under Capital markets, People. Edit this entry.