Attorney Ken Feinberg, who was appointed by the Obama administration to determine the pay of top corporate executives at companies that received the most federal government aid, doesn’t plan to “claw back” compensation already paid to company officials except in “egregious” situations, he told a group of lawyers Wednesday.
Feinberg, who spoke to the Chicago Bar Association via videoconference from Washington, said he questioned whether taking back money already paid to corporate executives is a good idea. He hasn’t thought much about that aspect of his job and would rather not, he said.
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