US Will Let AIG Execs Skirt Pay Cap

Pay czar Feinberg will make exceptions after 5 threaten to quit

By Kevin Spak, Newser Staff

Posted Dec 8, 2009 2:13 PM CST

(Newser) – Treasury pay czar Kenneth Feinberg will exempt some AIG executives from a $500,000 salary cap, after at least five threatened to quit, sources tell Bloomberg. Feinberg is preparing to make a ruling on pay limits for 75 of the company’s top executives. Five... Read full story »

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US Will Let AIG Execs Skirt Pay Cap

Pay czar Feinberg will make exceptions after 5 threaten to quit

executive compensation • AIG • American Insurance Group • Wall Street bailout • Kenneth Feinberg • pay czar

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Annoyed by Feds, AIG CEO Threatens to Quit

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Feinberg beefs up base base to help firms retain talent

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Warren confirms cuts to 25 top earners at 7 companies

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