U.S. pay czar to rap 17 companies over executive compensation

[PanAM]

Kenneth Feinberg, the Obama administration’s special master on executive compensation, will cite 17 bailed-out companies for making unwarranted or ill-advised payments to executives during the financial crisis, a person with knowledge of the matter said.



http://www.vancouversun.com/business...185/story.html

[JWeeks]

Originally Posted by PanAM

Kenneth Feinberg, the Obama administration’s special master on executive compensation, will cite 17 bailed-out companies for making unwarranted or ill-advised payments to executives during the financial crisis, a person with knowledge of the matter said.



http://www.vancouversun.com/business...185/story.html

The CZAR says "Nyet!"

[PanAM]

George Herbert Walker IV, President Bush's second cousin, was global head of asset management at Lehman, having joined from Goldman Sachs (GS) in 2006. In September, when Lehman agreed to sell its asset management unit, including Neuberger Berman, to Bain Capital and Hellman & Friedman for $2.15 billion, Walker agreed to go with the deal. He's now CEO of Neuberger Investment Management, now owned by private equity.

[JWeeks]

Originally Posted by PanAM

George Herbert Walker IV, President Bush's second cousin, was global head of asset management at Lehman, having joined from Goldman Sachs (GS) in 2006. In September, when Lehman agreed to sell its asset management unit, including Neuberger Berman, to Bain Capital and Hellman & Friedman for $2.15 billion, Walker agreed to go with the deal. He's now CEO of Neuberger Investment Management, now owned by private equity.

Your point is?