MASTER RULES: U.S. Treasury unveils executive salary caps at top bailout companies

On October 25, 2009, in Featured, Finance & Economy, by Rusty Ray, Executive Editor

Responding to the most severe financial crisis since the Great Depression, the United States Treasury Department — under the direction of Secretary Timothy Geithner — on October 22 announced comprehensive actions intended to restore trust and confidence in America’s financial system. Geithner applauded the work of Special Master Kenneth R. Feinberg, who developed the reforms for executive compensation…

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