Executive Compensation Caps | featured news

(Image from article: "White House Appoints Czar to Oversee Executive Pay")

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U.S., Europe split on exec bonuses

How far to go in limiting bankers' bonuses looms as one of the toughest issues at this week's summit of world leaders in Pittsburgh, with clear differences between the U.S. and Europe.

White House Appoints Czar to Oversee Executive Pay

The Obama administration appointed Kenneth R. Feinberg to the new post, giving him broad discretion to set pay for 175 top executives at seven of the nation’s largest companies.

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Flashback: It Was Bush, GOP That Opposed Executive Compensation Caps

It is a rather curious spectacle to see congressional Republicans express outrage at the exorbitant bonuses being handed out by bailed-out companies and blame the Obama administration for failing to curb the practice with AIG.

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