WASHINGTON, Oct 14 (Reuters) – The U.S. Congress will soon probe executive compensation at companies such as American International Group Inc and Bank of America Corp receiving significant taxpayer funds, the chairman of the House Oversight and Government Reform panel said on Wednesday.
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US Congress to probe compensation at rescued companies
US “pay czar” Feinberg expecting heat for rulings
By Karen Pierog and Steve Eder
CHICAGO/NEW YORK, Sept 30 (Reuters) – The Obama administration’s pay czar joked Wednesday that he might have to move to Pluto to escape the fallout from his first batch of compensation decisions, which are expected in October.
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