Recent Event Highlights: Ken Feinberg Stepping Down As Pay Czar, Strippers Reportedly File Oil Spill Compensation Claim; Pay Czar 'Dubious', CNBC's "Worldwide Exchange" with Nicole Lapin, "US Pay Czar on Pay Practices of Aided Banks", Pay Czar Ramps Up Inquiry Into 08' Wall St. Pay, The Pay Czar Vs. The Professor #4, The Pay Czar vs. The Professor #3, and 78 more...
Created by dipity on Jun 5, 2009
Last updated: 10/15/10 at 08:47 PM
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...Count to track status of confirmation.] 28. Mideast peace czar, George Mitchell 29. Mideast policy czar, Dennis Ross 30. Pay czar, Kenneth Feinberg 31. Regulatory czar, Cass Sunstein 32. Religion czar, aka God czar Joshua DuBois 33. Safe schools czar, Kevin...
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Clusterstock
http://feedproxy.google.com/~r/clusterstock/~3/hxyGkAel87U/ken-feinberg-stepping-down-as-pay-czar-2010-6
I say their claim is just as legitimate as any of the rest...........
Airtime: Thurs. Jun. 10 2010 | 5:00 DT ET As Congress nears the finish line on financial reform, executive pay returns to the forefront. US Pay Czar Kenneth Feinberg told CNBC that he is examining the compensation practices at all the banks which received bailout money from the government.
FBN's Charlie Gasparino on Kenneth Feinberg's examination of 2008 compensation records.
Watch video of Ken Feinberg, better known as President Obamas executive pay czar, delivering the keynote speech at a Feb. 26, 2010, executive pay conference at the Vanderbilt Law School. Feinbergs official title is special master for executive pay for the Troubled Asset Relief Program. Before his appointment to oversee the controversial program, Feinberg served the federal government as special master for the Sept. 11 Victim Compensation Fund, which distributed nearly $7 billion to more than 5000 victims and families of the 9/11 terrorist attack on the World Trade Center. A partner in Feinberg Rosen, a New York firm he founded in 1993, he has helped resolve a number of high-profile cases. A graduate of NYU law school, he served as the late Sen. Edward Kennedys chief of staff in the 1970s. He was honored by National Law Journal as Lawyer of the Year in 2004. The executive compensation conference is co-sponsored by the Vanderbilt Law Review and the Vanderbilt Law Schools Law and Business program.
MOXNews.com February 04, 2010 News Corp
MOXNews.com February 01, 2010 MSNBC Rachel Maddow
01 February, 2010 MSNBC
Do banks have a hidden agenda? Banks repaying TARP. Don't believe the hype. Dylan Ratigan on Morning Meeting. Reality Check. Copyright MSNBC 2009 Must read: Citigroup gains huge tax breaks www.msnbc.msn.com US gave up billions... Washington Post: www.washingtonpost.com Thanks to elephantinpajamas for the link! bonuses salary caps windfall profits tax Citigroup Wells Fargo AIG Goldman Sachs Citibank pay czar Fed Federal Reserve Bank Ron Paul interest rates Ben Bernanke
The Obama administration unveils pay restrictions for top-earners at companies that received the largest bailouts.
The Obama administration unveils pay restrictions for top-earners at companies that received the largest taxpayer bailouts.
Pay czar Ken Feinburg caps exec pay at $500000 at bailed-out firms, but pay attention to all the exceptions... and how few companies this actually applies to. Copyright MSNBC 2009 WASHINGTON - The Obama administration's pay czar is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500000 and delaying some other payouts. The 25th through the 100th top earners at Citigroup, GMAC, American International Group and General Motors must take more than half their compensation in stock, and at least half must be delayed for three or more years, said Kenneth Feinberg, the Treasury Department's Special Master for Executive Compensation. About 12 executives were granted exemptions to the $500000 cash cap because they were necessary for the companies to "thrive, be able to compete, and not lose key people," he said Friday. The new rules will only apply to the second half of December, and will not affect what the employees already have been paid this year. The rules will affect many workers' year-end bonuses and stock grants, Feinberg said. They also will serve as a starting point for negotiations next year over pay packages for 2010. Feinberg already announced specific pay packages for the top 25 earners at firms he oversees. Feinberg's rulings don't apply to Bank of America because its bailouts were repaid this week. Chrysler and Chrysler Financial also were exempt because executives there made less than $500000.
I cut a few seconds out of this interview in hopes of getting in the 10 minutes here on you tube. For the "pay czar" Kenneth Feinberg to set pay caps on any pubic executive is unconstitutional as it can be. I don't care what their salary is, the company's board of directors or stockholders are to set their salary, not the federal government in a "free market" system. This is not the old Soviet Union, it's the United States of America. After hearing this video people should be upset at what is happening and being described here.
Obama administration's "Pay Czar" defends pay cuts for executives at seven bailed out firms. Brian Weiss reports from Washington.
What a shill! Kenneth Feinberg puts on a ridiculous performance at the House hearing on executive pay and bonus limits to companies beggin for taxpayer welfare (TARP). This man, Kenneth Feinberg, is the consummate shill. A lawyer who works for Geithner, given the 'pay czar' position; a mythical regulator/supreme master over getting the TARP funds paid back. His performance here, is one for the records. 'Over the top' is an understatement. END THE FEDERAL RESERVE CENTRAL BANKING SCAM of 1913
A top Treasury Department official has ordered pay cuts for the 25 highest-paid executives at seven companies that received government bail-outs. But he says he doesn't want broader powers to reduce salaries in the rest of the US financial sector. VOA's Laurel Bowman has more.
I discussion of the flawed idea of government control being permitted by government hand
Part 5 of Tucson Arizona live call in show: The Fireside Chat. Episode: Robot Pay Czar Dog PO box 64751, Tucson, AZ 85728 USA Filmed live: October 24, 2009 - People of Tucson call in with and continue to impress the world.
Part 4 of Tucson Arizona live call in show: The Fireside Chat. Episode: Robot Pay Czar Dog PO box 64751, Tucson, AZ 85728 USA Filmed live: October 24, 2009 - People of Tucson call in with and continue to impress the world.
Part 3 of Tucson Arizona live call in show: The Fireside Chat. Episode: Robot Pay Czar Dog PO box 64751, Tucson, AZ 85728 USA Filmed live: October 24, 2009 - People of Tucson call in with and continue to impress the world.
Part 2 of Tucson Arizona live call in show: The Fireside Chat. Episode: Robot Pay Czar Dog PO box 64751, Tucson, AZ 85728 USA Filmed live: October 24, 2009 - People of Tucson call in with and continue to impress the world.
Part 1 of Tucson Arizona live call in show: The Fireside Chat. Episode: Robot Pay Czar Dog PO box 64751, Tucson, AZ 85728 USA Filmed live: October 24, 2009 - People of Tucson call in with and continue to impress the world.
10-23-09
I talk about Fox News and Obama and the Pay Czar issue.
President Obamas pay czar Kenneth Feinberg announced the United States government will interfere in the pay compensation structure among private companies. These are banks that accepted or were forced to accept TARP (Troubled Asset Recovery Plan) money. - Pay Czar Kenneth Feinberg appointed by President Obama, reports to Treasury Secretary Timothy Geithner. These banks that were in trouble were so because of government mandated and threatened actions. It was the government who ordered the banks to write bad mortgage loans to people who would not have otherwise received such loans. Because of their credit history or other financial reason would not have qualified. After years of writing these government forced bad loans the system collapsed, thus forcing the government to bail out these institutions that were in trouble because of Uncle Sam. Plus some banks refused TARP money, however were forced to accept it. Now the very government responsible for these bad loans now is telling these banks what their pay and compensation structure should be. The Obama administration getting away with the above pay interference then decided to restrict the pay of any company in the USA they deemed to be taking risk or at risk. See The Washington Post article: www.washingtonpost.com A business taking a risk is the essence of capitalism. Whenever a company adds a product or service to the market, they are taking a risk .This is an outright attack upon capitalism in the USA. Capitalism has ...
more at foxnews.com, October 23, 2009
The Obama WH tries to exclude FOX news from press pool, other networks respond by saying "If Fox isn't there, neither are we."
Fox News' Brett Baier: "There was an announcement by the Administration that they were putting out the pay Czar Kenneth Feinberg as we showed you earlier, for the White House pool, they sent out a message for the White House pool that Feinberg would be doing a round robin interviews with the 5 network pool that covers the White House[...]Fox News has been a member since 1997, when they put out that message they specified that all members of the pool were welcome except Fox News."
The White House press pool is made up of CNN, ABC, NBC, CBS, and FOX NEWS (which has been a member since 1997). Obama offered interviews with Pay Czar Kenneth Feinberg to all major press pool members -- except FOX. The entire press pool agreed that if FOX wasn't allowed to participate, they wouldn't either. Forced to relent, Obama allowed FOX in.
Special Report.
Lemar reacting to Obama's pay czar cutting GM/Chrysler exec pay 90%.
Oct. 12 (Bloomberg) -- Kenneth Langone, Home Depot Inc. co-founder and former New York Stock Exchange board member, talks with Bloombergs Betty Liu about Kenneth Feinberg, the US Treasury Departments special master on compensation, who is expected to announce pay rules for executives of firms that have received government bailout funds. Langone also discusses the prospects for the dollar, and New York State Attorney General Andrew Cuomo's investigation of American International Group. (Source: Bloomberg)
Phil Kerpen discusses the "Pay Czar" on the Neil Cavuto Show. Segment aired on 10/7/09.
Blackburn on FoxBiz discussing the "Pay Czar"
Kenneth Feinberg Has Talked to Top Bank Execs (Bloomberg News)
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Bush had just as many "czars" as Obama has.
And I thought the populist rage about big companies spending tax payer money willy nilly was a sticking point for you guys? Or do you think the government shouldn't watch over our billions of dollars we lent
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Media Matters for America
http://feeds.mediamatters.org/~r/MediaMattersForAmerica-CountyFair/~3/uzEbnrbFNng/200908100038
Democrat Sherman admits Obama's TARP and Pay Czar is Socialism
US Rep. Pete Hoekstra discusses the Pay Czar position and what it could lead to on Fox Business News, 7-16-09.
Excerpts from Keynote speakers and also Tito born in Columbia, Made in the USA!
On June 14 Ryan Ellis, Tax Policy Director at Americans for Tax Reform, discussed the problems of Obama's new "Pay Czar" with Glenn Beck. For more info on Ryan and/or Americans for Tax Reform, www.atr.org
Democratic congressman Sherman said that TARP and Obama's pay czar are socialist.
Totally unconstitutional regardless of which party does it. Congress must act to stop the czar process immediately.
06/11/09 Democrats Now admit they are socialists!!! Democrat Sherman admits Obama's TARP and Pay Czar is Socialism
Congresswoman Waters appears on FOX News' "Your World" with host Neil Cavuto to discuss the topic of executive pay and the new White House Pay Czar, Kenneth Feinberg.
Newt talks about the mess the Obama administration is creating with their new pay czar. Newt.org
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