Pay Czar Ken Feinberg gets down to business, pushing firms to renegotiate contracts and reduce...
Pay Czar Ken Feinberg gets down to business, pushing firms to renegotiate contracts and reduce overall outlays. Citigroup (NYSE:C), BoA (NYSE:BAC), AIG (NYSE:AIG), GM, Chrysler, Chrysler Financial and GMAC must submit their compensation proposals by August 13.