Pay Czar to Slash Compensation

The U.S. pay czar will cut in half the average compensation for 175 employees at firms receiving large sums of government aid, with the vast majority of salaries coming in under $500,000, according to people familiar with the government's plans. Full Story »

Posted by Kaizar Campwala - via Alan Murray, Fair Spin (Right), Memeorandum, Drudge Report, Wall Street Journal (Most Emailed)
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Subjects: U.S., Politics, Business
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# Tweets: 111 (as of 2009-10-21)
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Posted by: Posted by Kaizar Campwala - Oct 21, 2009 - 4:15 PM PDT
Content Type: Article
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Edited by: Derek Hawkins - Oct 22, 2009 - 9:38 AM PDT

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