Administration plans big pay cuts at bailout firms
WASHINGTON (AP) - The Obama administration plans to order companies that received huge government bailouts last year to
A person familiar with the decision, who spoke on condition of anonymity because it has not been announced, says the seven
This person says the Treasury Department will announce the deep pay cuts within the next few days.
The seven companies are: Bank of America Corp., American International Group Inc., Citigroup Inc., General Motors, GMAC,