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Half Of BP Spill Funds May Cover Claims
Friday, December 31, 2010 - 8:08pm | 111Read More...Half of the $20 billion BP (NYSE: BP), Europe's second-largest oil company, has set aside in a compensation fund for victims of the Gulf of Mexico oil spill, may be enough to cover claims for economic damages, according to Kenneth Feinberg, the fund's administrator. The fund was set up earlier...
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BP Claims Fund Chair Ken Feinberg Tells Fox Business "I Am Certainly Not Sorry I Took This On"
Wednesday, November 24, 2010 - 5:35pm | 678Read More...One day after the deadline for claims to be submitted to the BP Claims Fund, Ken Feinberg sat down with FOX Business Networks' (FBN) Liz Claman to talk about the program. In an interview to appear on Bulls and Bears at 4pm, Feinberg said that while “yesterday was the deadline to file an emergency...
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Ken Feinberg Speaks About Clawbacks, Big Banks, and Big Bonuses (C)
Friday, July 23, 2010 - 12:31pm | 244Read More...Pay czar, Ken Feinberg, just spoke with FOX Business Network’s Peter Barnes about his recent announcement regarding clawbacks for major Tarp recipients. When asked whether he could have gotten money back, he said, “No I couldn’t. Under the law I couldn’t go after these people. It became readily...
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Pay Czar Feinberg To Issue Report Tomorrow
Thursday, July 22, 2010 - 5:27pm | 52Read More...Pay Czar Ken Feinberg to issue a report tomorrow regarding ill-advised payouts. The Wall Street Journal confirmed that two of the seventeen firms named in the briefing are Goldman Sachs (NYSE: GS) and JPMorgan (NYSE: JPM).
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Will the Pay Czar Claw Back Bonuses? (C, JPM, GS, MS, BAC)
Tuesday, July 20, 2010 - 10:35am | 253Read More...Fox Business Network’s Charlie Gasparino is reporting this morning that pay czar, Ken Feinberg, may be getting ready to “claw back” bonuses paid out during 2008 at several major financial institutions. Although it appears that Mr. Feinberg cannot force executives to do so, if he demands it and...
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Charlie Gasparino Reporting That Pay Czar Ramping Up Compensation Investigation
Friday, June 4, 2010 - 3:00pm | 388Read More...Fox Business Network's Charlie Gasparino is reporting that the Obama Administration's Pay Czar Ken Feinberg is ramping up his probe into Wall Street executive pay. Here are the highlights of Gasparino's report. From Charlie Gasparino: “I have been talking to people the last couple of days about...
