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Kenneth Feinberg
’Feinberg on Blankfein: fail (maybe)
Here’s US pay czar Kenneth Feinberg, talking about Lloyd Blankfein’s $9m pay packet to Betty Liu on Bloomberg TV.
Yes, he thinks it’s excessive, but he’s cheered by the fact the package is made up of a very low base salary and long-term stock.
Obama ‘pay tsar’ to order huge cuts
The top 25 executives at the seven US companies bailed out by the government will see their cash pay slashed. Kenneth Feinberg, the Obama administration’s “pay tsar”, is set to unveil drastic curbs for those whose pay plans he can overrule.
US ‘pay tsar’ takes hard line on AIG
Kenneth Feinberg, the Obama administration’s “pay tsar”, has signalled a tough stance on executive pay at AIG, the state-controlled insurer that sparked outrage over bonus payments earlier this year.