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Welcome Forum The Lounge Bank Pay Crackdown

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  • #4526
    GTO Man
    Moderator

    What do you think of the government limiting the pay of Banks and financial institutions that took our tax money?

    Bank Pay Crackdown Article

    Who’s getting a pay cut
    Company Employees affected Average compensation % cut
    AIG 13 $2.4 million 57.8%
    General Motors 20 $1.1 million 24.7%
    Bank of America 13 $6 million 65.5%
    Citigroup 21 $5.6 million 69.7%
    Chrysler Financial22 $310,506 56%
    Chrysler Group 25 $507,424 24.2%
    GMAC 22 $3.2 million 85.6%

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