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Treasury Freezes Pay for CEOs at Ally Financial, GM and AIG

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  • Description

    FBN's Lauren Simonetti breaks down mid-afternoon market news.

  • Duration 0:57
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Sometimes immunity with your Fox Business -- -- salary of three CEOs and financial firms that got exceptional bailout assistance during the financial crisis.

-- -- I think here in the rose US Treasury Department says AIG General Motors and -- financial.

Each received a big tax Payer financed bailouts that they have not yet fully -- to -- And AOL's chief executive Tim Armstrong took a -- 9% pay cut last year.

Armstrong -- 3.2 million dollars in 2011.

Down from more than fifteen million a year earlier activist investor starboard value.

Just over 5% and loans outstanding shares has criticized -- Strategy of investing heavily in online contents.

In order to boost ad sales last week analysts board approved a new contract.

For Armstrong through march 2060.

And that's the very latest from the Fox Business Network -- he's.

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