Here's Looking at You, AIG! Obama Picks a Pay Czar

The thankless task of deciding how much money executives should make

Monday, June 08, 2009

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Do you remember the headlines of a few months back, when AIG handed out $165 million in bonuses after taking a federal handout? Well, so does the Obama administration. This week they are poised to announce a new set of regulations on executive compensation. They are also nominating a so-called Pay Czar to monitor executive compensation. Louise Story, reporter for The New York Times, joins The Takeaway with more.

For more, read Louise Story's and Eric Dash's article, U.S. to Propose Wider Oversight of Compensation, in the New York Times.

Guests:

Louise Story

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