Word: feinberg
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...true in the case of hedge funds or leveraged-buyout - which call themselves private-equity (PE) - firms or some parts of stricken outfits like AIG, Citi and the former Merrill Lynch, now part of Bank of America. But hedgies and PEs aren't covered by pay czar Ken Feinberg's ukases...
...problem isn't really pay; it's competence. The CEOs didn't understand the fine print. These firms collapsed out of ignorance fueled by avarice - a particularly toxic combination. Under the circumstances, Feinberg is doing the best he can. But what he's doing is more symbolic than real (although symbolism does matter). Meanwhile, genuine reform of the financial system is bogging down. Wall Street wins again...
...9/11 is going to be with us as long as history is written. The extraordinary suffering these families experienced will be with us. When people think about that, they are going to think about who was it that helped and assisted them through it, and Ken Feinberg will be forever associated with at least being part of the process." - Senator Ted Kennedy (Boston Globe...
...little, you know, serious. You're 25, living in New York, going to parties, and here's this guy who does operas and lectures." - Feinberg's wife Diane Shiff, on her first impression of her future husband (Boston Globe...
...share an interest in seeing these companies return taxpayer dollars as soon as possible, and Ken today has helped bring that day a little bit closer." - Treasury Secretary Timothy Geithner, in a statement about Feinberg's rulings on executive pay (Reuters...