Do Top Brokers And Traders Receive Astronomical Pay?

Pay Czar Feinberg thinks so, and is moving forward to take a look at 104 top executives beneath the CEO’s and their payouts during the financial crisis – all within companies and financial firms who received TARP funds.

The Management Executive Committees of the firms have claimed the necessity to provided large payouts and retention bonuses in order to keep and recruit top producing executives (stats pointed to 88 execs who stayed with their original companies).

But what will exposure mean?

Nothing, really, as Feinberg can only “recommend” reduction in pay and publically “expose.”