Economy Mar 24 Watch Pay Czar Imposes New Caps on Executive Salaries The Obama administration's pay czar Kenneth Feinberg has announced more cuts to executive pay for several large companies still receiving government funds. Judy Woodruff spoke with him about those salary decisions.
Economy Dec 11 Watch Pay Czar Feinberg Rolls Out Salary Caps on Wall Street Execs The Obama administration's pay czar, Kenneth Feinberg, has set a $500,000 limit on executive compensation at bailed-out financial firms. In an interview with Judy Woodruff, Feinberg explains the pay cap.
Economy Oct 14 Watch Wall Street Set for Record Payouts a Year After Crash Despite heightened scrutiny from both the public and regulators in the wake of the AIG bonus scandal, compensation on Wall Street is set for a record year in 2009. Jeffrey Brown reports.
Politics Sep 21 Watch News Wrap: Deposed Leader Zelaya Returns to Honduras In other news, Manuel Zelaya, the deposed president of Honduras, announced Monday he has returned to the country, and AIG repaid the federal government $60 billion.
Jun 19 Instead of Capping Pay, Could the Government Police Banks’ Risk Models? Question: Instead of the government trying to prevent risky behavior by limiting bonuses and other compensation for the best performers in the finance industry, would it be possible for the government to review risk models that banks use? Paul Solman:… Continue reading
Apr 10 Watch Questions Remain on Fate of Disputed Exec Bonus Pay As frustration continues over extravagant pay to executives of companies receiving billions of dollars in taxpayer aid, Paul Solman travels to AIG headquarters and Washington to explore options for getting some of the money back. Continue watching
Apr 03 Watch Other News: Iowa Court Legalizes Same-Sex Marriages Iowa's Supreme Court ruled that the state's ban on gay marriage is unconstitutional, and mortgage giants Fannie Mae and Freddie Mac will pay more than $210 million in bonuses through next year as an incentive to get more than 7,600… Continue watching
Mar 24 Watch Geithner and Bernanke Testify on AIG, Regulation Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke testified before Congress on the administration's handling of executive compensation for companies receiving federal loans and asked for expanded federal regulatory powers. Jeffrey Brown reports. Continue watching
Mar 19 Watch Anger at AIG Continues as House Passes Tax on Bonuses The House voted Thursday to impose a 90 percent tax on some bonuses at AIG and other bailout-funded companies. Editorial writers describe reaction to the controversy across the country. Continue watching