To the Point
Pay Czar Cuts Executive Pay
Executives at seven companies bailed out with taxpayer money got the word today. Kenneth Feinberg, the President's so-called "Pay Czar," cut their salaries and changed their compensation to try to prevent excessive risks in the future. Columnist David Weidner covers Wall Street for MarketWatch and the Wall Street Journal .
Executives at seven companies bailed out with taxpayer money got the word today. Kenneth Feinberg, the President's so-called "Pay Czar," cut their salaries and changed their compensation to try to prevent excessive risks in the future. Columnist David Weidner covers Wall Street for MarketWatch and the Wall Street Journal.
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