Posted by
Sue on Wednesday, October 28, 2009 3:05:12 PM
I received my daily, weekly, not sure, whenever they come in, email from the Treasury. Below is the title of the email.
Special Master for TARP Executive Compensation Kenneth R. Feinberg Testimony before the House Committee on Oversight and Government Reform
Here is the opening statement:
Mr. Chairman:
I thank you and the Committee for the opportunity to testify today. The subject of executive compensation continues to be a top priority of the American people and the international business community, so I welcome your invitation and look forward to participating in this hearing.
As you know, in June of this year, I was asked to serve as Special Master for TARP Executive Compensation by the Secretary of the Treasury. In that capacity, I have a number of responsibilities under the relevant statutory and regulatory authority. These responsibilities include interpreting the regulations, and evaluating and making determinations regarding compensation payments to, and compensation structures for, certain employees of TARP recipients receiving exceptional financial assistance....
Who came up with this title? Okay, Special Master????