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According to the law, employers who don't pay employees the money which they are contractually obligated to pay, could ultimately be required to pay twice that amount. [ 73 ] As of March 23, 2009, 9 of the 10 highest paid AIG executives had agreed to give back their bonuses to the company - and of the 20 highest paid, 15 had agreed to give back ...
"If GM doesn't want to keep their jobs in the United States, they should pay back the $11.2 billion bailout that was funded by the American taxpayer," Trump, angry about the automaker's decision ...
The Obama administration has promised to set a $500,000 cap on executive pay at companies that receive bailout money, [84] directing banks to tie risk taken to workers' reward by paying anything further in deferred stock. [85]
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Headquarters of AIG, an insurance company rescued by the United States government during the subprime mortgage crisis "Too big to fail" (TBTF) is a theory in banking and finance that asserts that certain corporations, particularly financial institutions, are so large and so interconnected that their failure would be disastrous to the greater economic system, and therefore should be supported ...
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The bailout required both companies to dramatically restructure their operations to demonstrate long-term viability. [77] In February 2009, the Obama administration would determine the automakers' progress in meeting the conditions of the loans, and then decide whether to supply more government aid or to force automakers to repay the loans and ...
The National Association of Colleges and Employers analyzed the starting salaries for the class of 2022 and found that those who had a master’s degree in computer and information sciences ...