Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  American International Group Inc    AIG

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Treasury Approves Pay Guides For Senior Executives At AIG, GM, Ally Financial

05/09/2012 | 04:40pm US/Eastern

The U.S. Treasury Department said Wednesday that the pay guidelines for senior executives at American International Group Inc. (>> American International Group, Inc.), General Motors Co. (GM), and Ally Financial Inc., the three firms that haven't repaid all of their government bailouts, will stay the same.

Treasury gained power in 2009 to approve executive compensation at firms that received exceptional federal assistance, following public outrage at big bonuses paid at AIG after the financial crisis bailouts. In April, Treasury said overall pay for chief executives at the three firms would this year again remain frozen.

Treasury said its review Wednesday covered the top 26-100 paid employees at each of the firms and proposed compensation is in line with public interests.

-By Ian Talley, Dow Jones Newswires; 202-862-9285; ian.talley@dowjones.com

Stocks mentioned in the article : American International Group, Inc.
React to this article
Latest news on AMERICAN INTERNATIONAL GRO
02/07DJMARKET SNAPSHOT : Disney, Coca-Cola Headline Consumer-heavy Earnings Week
02/05 U.S. banks targeted by activist investors on merger wave hopes
02/04 AMERICAN : AIG Announces Agreement to Sell AIG Advisor Group to Lightyear Capita..
02/04DJCentral Bankers in Europe Put Clearinghouses to the Test
02/04 AMERICAN : An Application for the Trademark "AIGRMGREEN INDOOR ENVIRONMENT COVER..
02/04 AMERICAN : Trademark Application for "UG UNITED GUARANTY" Filed by American Inte..
02/04 AMERICAN : An Application for the Trademark "E-REMIT" Has Been Filed by American..
02/04 AMERICAN : An Application for the Trademark "UG+3" Has Been Filed by American In..
02/04 AMERICAN : Trademark Application for "AIG INSURANCE MANAGEMENT SERVICES" Filed b..
02/04 AMERICAN : An Application for the Trademark "SUNAMERICA" Has Been Filed by Ameri..
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials