BP oil fund chief 'totally independent'

BP oil fund chief 'totally independent'

WASHINGTON, July 4 (UPI) -- The U.S. administrator of the $20 billion fund for victims of the massive gulf oil spill said Sunday he answers to neither BP nor the Obama administration.

BP fund chief promises quick payment

WASHINGTON, June 20 (UPI) -- The U.S. lawyer overseeing the $20 billion BP fund to compensate Gulf Coast residents for oil spill-related losses promised prompt payment.

BP escrow chief seeks trust of claimants

JACKSON, Miss., June 19 (UPI) -- The Washington lawyer in charge of the $20 billion BP oil-spill escrow fund says he'll have to earn the trust of blue-collar Gulf Coast residents.

Treasury limits pay at five companies

WASHINGTON, March 23 (UPI) -- The Treasury Department's pay master said he was cutting pay an average of 15 percent among top executives at five U.S. companies that received TARP funding.
Treasury caps pay for more executives

Treasury caps pay for more executives

WASHINGTON, Dec. 11 (UPI) -- The U.S. Treasury's pay czar Kenneth Feinberg Friday announced rules on pay for a new level of managers at companies receiving extraordinary bailout help.

Feinberg reflects on his own pay ruling

WASHINGTON, Oct. 23 (UPI) -- U.S. Treasury Department pay czar Kenneth Feinberg said he would be "disappointed" if executives left their jobs due to pay cuts he imposed.

Fed and Treasury pounce on executive pay

WAS, D.C., Oct. 22 (UPI) -- The U.S. Federal Reserve and the Treasury Department both announced restrictions on pay for bankers Thursday in a choreography meant to trim financial risks.

Treasury to slash pay for executives

WASHINGTON, Oct. 21 (UPI) -- The U.S. Treasury is preparing to order bailed out companies to cut their top executive salaries about 90 percent, a source close to the discussions said.

Pay czar to approve $10.5M for AIG head

WASHINGTON, Oct. 2 (UPI) -- The U.S. Treasury's pay czar is planning to approve a $10.5 million pay deal for the head of American International Group, a source close to the office said.

U.S. 'compensation czar' has tough job

WASHINGTON, Aug. 9 (UPI) -- The Obama administration's "compensation czar," Kenneth Feinberg, faces a delicate task as he moves to limit pay for top executives, U.S. analysts say.

'Pay czar' has to perform a balancing act

WASHINGTON, July 13 (UPI) -- The Obama administration's so-called "pay czar" could be the next victim of political fallout over U.S. firms' payment practices, a policy expert said.

AIG may pay more bonuses

NEW YORK, July 10 (UPI) -- Insurance giant American International Group is seeking permission from the U.S. government to pay millions of dollars in bonuses to executives.

Report deems Sept. 11 Fund a success

WASHINGTON, Nov. 18 (UPI) -- A report by the administrator of the Sept. 11 compensation fund says it was successful, but also could have been more fair, the Washington Post reports.

Feinberg to head Sept. 11 fund

WASHINGTON, Nov. 26 (UPI) -- Attorney General John Ashcroft Monday named Washington attorney Kenneth Feinberg to head the Sept. 11 Victim Compensation Fund program.
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