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Jobs >> Articles >> Employment Industry News >> Watchdog: Executive pay at bailed-out firms “excessive”
  • Employment Industry News

Watchdog: Executive pay at bailed-out firms “excessive”


Once bitten not twice shy| Certain companies never seem to learn any lesson the hard way. Give them money, they spend, if you don?t give them any, they crib. That is what some bailed out private firms like AIG, General Motors, and Ally Financial that were bailed out under Troubled Asset Relief Program (TARP), continued to pamper their executives with high perks, according to Christy Romero, Special Inspector General, TARP.

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Watchdog: Executive pay at bailed-out firms “excessive”



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article ID: 900009308     http://www.employmentcrossing.com/article/900009308/Watchdog-Executive-pay-at-bailed-out-firms-excessive/

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