U.S. pay czar says he can "claw back" exec compensation »

Posted By Progressive 4 months, 1 week ago in Business & Finance

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MARTHA'S VINEYARD, MASSACHUSETTS (Reuters) - Kenneth Feinberg, the Obama administration's pay czar, said on Sunday he has broad and binding authority over executive compensation.

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Progressive

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    alanocu4 months, 1 week ago

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    Obama has more czars than there are in the Russian section of hell.

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    amazed4 months, 1 week ago

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    While I agree that CEO compensation is out of control and out of any proportion to the CEO's possible worth, how does a guy who was neither elected nor vetted and approved by Congress get "binding power" over anything?

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    calitennflo4 months, 1 week ago

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    Wow...a new word..."pay Czar". If there is no definition for the word...what do you do in a court of law?

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    simonsez4 months, 1 week ago

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    We need to "claw back" government and stop this Czar business.

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