pay czar News

The U.S. Treasury Department in 2012 failed to curb executive pay at companies rescued with taxpayer funds, the second straight year that it did not live up to its own rules, an internal watchdog said on Monday. The inspector general …

Compensation packages for the chief executives of bailed-out firms American International Group, Ally Financial and General Motors will not increase in 2011, the Treasury Department said late Friday. The Obama administration’s pay czar has reviewed the packages for the top …