Episode 143 • • 40:46 - 43:17
143: Obama Sells Out To China
Kenneth Feinberg and Executive Paymaster Roles
Kenneth Feinberg, the official overseeing executive pay cuts for bailed-out companies, is criticized for his previous role managing the 9/11 Victim Compensation Fund. In that role, he required families to waive their right to sue the government in exchange for payments. Questions are raised about why GE CEO Jeffrey Immelt's pay remains untouched despite GE Capital receiving government bailouts.