U.S. Economic Outlook
Jul 23, 2010
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President Obama talked about a new report on CEO pay. The report, from Troubled Asset Relief Program (TARP) Special Master Ken Feinberg, says CEOs at 17 banks received more $1.5 billion in compensation while also receiving ..
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President Obama talked about a new report on CEO pay. The report, from Troubled Asset Relief Program (TARP) Special Master Ken Feinberg, says CEOs at 17 banks received more $1.5 billion in compensation while also receiving government funds through the TARP program. President Obama said the report underscores the need for the new financial regulations he recently signed into law. He also praised bi-partisan breakthroughs in the Senate that led to the passage of extended unemployment benefits and paved the way for a small business lending bill.
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