The government’s pay czar announced Friday that 17 companies benefiting from federal bailout money handed out $1.6bn in excess executive pay at the height of the financial crisis. The firms include Citigroup, Goldman Sachs and Bank of America. Kenneth Feinberg, who was appointed as the Obama administration’s special master for compensation, examined executives earning more than $500,000 at the 419 firms that received taxpayer assistance.
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Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time? If not, which is one is true? HousingWire Columnist Logan Mohtashami takes a deeper dive.
Across the Twittersphere Tuesday morning, real estate agents and home sellers griped about the glitches they were experiencing on the Zillow website.