Summary
The US administration is set to order bailed out firms to slash their payouts to top executives.
Reports have suggested that the Treasury will tell seven firms that took billions of dollars of taxpayers cash that they must cut base salaries to their top 25 bosses by around 90 per cent, with overall packages, including bonuses, down by half.See the full content of this document
Extract
Order for Firms to Slash Payouts
Speaking today, the head of the panel t...
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