Executive Pay and TARP-Funded Companies

Kenneth Feinberg, a special master at the Treasury Department, gave testimony regarding compensation of the 25 highest-paid employees of 7… read more

Kenneth Feinberg, a special master at the Treasury Department, gave testimony regarding compensation of the 25 highest-paid employees of 7 companies that received assistance under the Troubled Asset Relief Program (TARP). Mr. Feinberg addressed the method he used to determine the compensation of those 25 executives, the principles he used in making decisions, and his recommendations in dealing with executive compensation. He said his powers should not extend to the rest of the financial sector but that the standards he used should guide the broader marketplace. He also responded to critics of his plan. 

In a second panel two college professors warned excessive compensation perpetuates risky and even criminal behavior in the U.S. financial system.  close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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Executive Pay and TARP-Funded Companies

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Program ID:
289679-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Oct 28, 2009
Last Aired:
Nov 4, 2009

Airing Details

  • Oct 28, 2009 | 11:04am EDT | C-SPAN 3
  • Oct 28, 2009 | 2:21pm EDT | C-SPAN 3
  • Oct 28, 2009 | 7:01pm EDT | C-SPAN 3
  • Oct 28, 2009 | 8:00pm EDT | C-SPAN 1
  • Oct 28, 2009 | 11:26pm EDT | C-SPAN 1
  • Oct 29, 2009 | 6:00am EDT | C-SPAN 2
  • Nov 01, 2009 | 12:19pm EST | C-SPAN 1
  • Nov 03, 2009 | 10:30pm EST | C-SPAN 3
  • Nov 04, 2009 | 12:31am EST | C-SPAN 3
  • Nov 04, 2009 | 12:42am EST | C-SPAN 3
  • Nov 04, 2009 | 4:30am EST | C-SPAN 3
  • Nov 04, 2009 | 6:31am EST | C-SPAN 3
  • Nov 04, 2009 | 6:42am EST | C-SPAN 3
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