Bailout Firms Ordered to Slash Top Executives Pay
The Treasury orders seven bailed out firms to cut top executive pay by about 90 percent starting next month, excluding pre November earnings. Firms include Bank of America, AIG, Citigroup, GM, GMAC, Chrysler, and Chrysler Financial. The Fed proposes broad pay policy oversight for thousands of banks without setting pay levels, aiming to curb risk taking.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Kenneth Feinberg
Treasury
Bank of America Corp
American International Group Inc
Citigroup Inc
General Motors
GMAC
Chrysler
Chrysler Financial
Federal Reserve
Fed
Feinberg
Congress
AIG
Bank of America
Scott Silvestri
Citigroup
White House
Barack Obama
OSHA proposes $82,500 fine for Republic Engineered Products
OSHA proposes an $82,500 penalty for Republic Engineered Products Lorain plant for willful fall hazards and a repeat failure to inspect lead exposure controls. The company has 15 working days to correct, contest, or seek a meeting. OSHA cites 44 inspections since 1991, including three fatalities, with 183 citations.
MENTIONED IN THIS ARTICLE
Elyria
Occupational Safety and Health Administration
Republic Engineered Products
Lorain
OSHA
Brad Mitchell
U.S. Department of Labor
Republic
Mitchell
Ken Braun
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America International Group Inc
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Asapeake Energetic
V. Pandit
Itiorou
E. Isenner
Nabors
Indvetric
Up Inc
Ar and
Stark
Melissa Hebert
Mhebert
Chroniclet.com
Bagley
RAE Pvt
Rae
Sun
Urey
OLD LN
Animal Shelter
Mall
Deerfield Village
KeyBank
Oak Point Road
KeyBank NA
I! Advantage Money Market
Roth
Key Privilege
Key
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Csa
Lt Sweet Crude
Ugar
Lote
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BalAm MA
BondAm Cl
Capricua Mih
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NewPe
Wamut
Dodge & Cox IntiStk. Vo
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