| HeraldNet - Snohomish County's online news source |
 FRIDAY, MARCH 19, 2010 10:23 pm |
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Business 
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Executive pay limited at bailed-out companies WASHINGTON — The Obama administration’s pay czar is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500,000 and delaying some other payouts.The rules apply to the 25th through the 100th top earners at Citigroup, GMAC, American International Group and General Motors. Treasury says about 12 executives were granted exemptions to the $500,000 cash cap. Treasury pay czar Kenneth Feinberg already announced specific pay packages for the top 25 earners at firms he oversees. He says the new rules apply only to the second half of December but will affect many executives’ bonuses and stock grants. Feinberg’s rulings don’t apply to Bank of America because its bailouts were repaid this week. Chrysler and Chrysler Financial also were exempt because executives there made less than $500,000. |
- Teams from Snohomish County join in search for Colton Harris-Moore on Orcas
- State changes mind on how to handle Darrington graves in highway right-of-way
- Woman gets 17 months for lies, bribery
- Car thief eludes Everett police
- Frontier: Things aren’t that bad
- Everett plans big upgrades for city parks
- Suspects sought in Snohomish shooting
- Riders take to Community Transit's Swift buses
- Once again, Colton Harris-Moore eludes capture
- Ranger rough up M’s Snell
- Monroe girl guilty of murder in Sultan gang slaying
(25) - Police step up hunt for Colton Harris-Moore on Orcas Island (15)
- State changes mind on how to handle Darrington graves in highway right-of-way (14)
- Everett plans big upgrades for city parks (12)
- Teams from Snohomish County join in search for Colton Harris-Moore on Orcas (10)
- Riders take to Community Transit's Swift buses (10)
- Woman gets 17 months for lies, bribery (7)
- Senate eyeing smaller sales tax hike (6)
- Census distrust misplaced (4)
- Once again, Colton Harris-Moore eludes capture (4)
- Archbishop Murphy graduate happy to be in San Jose
- Troupe improv-ment
- Best finish ever for Mavs
- Local businesses clean for a reason
- Edmonds Art Walk opens 9th year March 18
- Lynnwood girls wrap up at state
- Lynnwood wants outsider to review budget
- SKCC presents premiere of Jenkins’ composition
- Boeing to Offer NewGen Tanker to US Air Force
- New CEO at Valley General Hospital
- Dan Koffman's ‘TopSpin' marketing astounds, inspires, motivates, produces — just for starters
- Economic forecasts for Snohomish County, Everett, Marysville offer some bright moments
- Government officials influencing home prices
- Massive EPA energy regulations meet challenge
- Washington state healthcare reforms also needed
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