{"id":11270,"date":"2009-08-17T00:00:00","date_gmt":"2009-08-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"us-pay-czar-says-he-can-claw-back-exec-compensation","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2009\/us-pay-czar-says-he-can-claw-back-exec-compensation.html","title":{"rendered":"U.S. pay czar says he can &#8220;claw back&#8221; exec compensation"},"content":{"rendered":"<p>Reuters &#8211;  <span class=\"yshortcuts\">Kenneth Feinberg<\/span>, the Obama administration&#8217;s pay czar, said on Sunday he has broad and &quot;binding&quot; authority over <span class=\"yshortcuts\">executive compensation<\/span>, including the ability to &quot;claw back&quot; money already paid, and he is weighing how and whether to use that power.                 <\/p>\n<p> Feinberg told Reuters that <span class=\"yshortcuts\">Citigroup Inc<\/span> included the contract of energy trader Andrew Hall in submissions due Friday by seven major companies still locked in the federal government&#8217;s TARP Program.<\/p>\n<p> Feinberg said he hasn&#8217;t looked at Hall&#8217;s contract, which reports have said could pay him as much as $100 million this year.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20090817\/bs_nm\/us_feinberg\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Kenneth Feinberg, the Obama administration&#8217;s pay czar, said on Sunday he has broad and &quot;binding&quot; authority over executive compensation, including the ability to &quot;claw back&quot; money already paid, and he is weighing how and whether to use that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[310,15344,218,812,15328,14936,5573,5284,15343,48,2059,4326,14160,15345],"class_list":["post-11270","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-100-million","tag-andrew-hall","tag-citigroup","tag-citigroup-inc","tag-czar","tag-energy-trader","tag-executive-compensation","tag-federal-government","tag-kenneth-feinberg","tag-money","tag-obama","tag-reuters","tag-submissions","tag-tarp"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11270"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11270\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}