danakama10
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כמה תיקונים
חברות הרכב לא החזירו למדינה כל גרוש. למעשה, המדינה (ציבור משלמי המיסים) הפסידה כ- 10.5 ביליון $. התעשיה היתה ניצלת בכל מקרה, כי פשוט יותר עובדים היו עוברים למפעלי הונדה, טויוטה ופורד בארה"ב.
כפי שארה"ב לא נחלצה להציל את TWA למשל, לא היתה כל סיבה להציל את GM.
לגבי פנסיית כורי הפחם, שוב, זו היתה בעיקר התעקשות של הדמוקרטים שפעלו למען ה- union של כורי הפחם. ואגב, אם אני מבינה נכון רוב או חלק מהכספים אמורים להגיע מכספים שנאספו כבר ב- FUND שנשאר בה הרבה מאוד כסף (2.3 בליון $) והמימון שלה הגיע ממס על פחם.
בעינייך היה תקין שלמרות שהתוכנית של אובמה היתה אמורה להגביל את השכר של המנהלים בחברות שמקבלות bail out (כולל GM) לחצי מליון $, אך לאחר שהחברות לחצו הממשל נכנע והעלה את המשכורות?
https://www.wsj.com/articles/watchd...-executives-big-raises-during-tarp-1411574414
(הדבקתי את הכתבה עצמה למטה)
בוא נראה מה היה שווי המנהלים בתקופה הזו -
https://www.cnbc.com/2014/04/25/gm-awarded-former-ceo-akerson-about-9m-in-2013.html
ואני כבר לא נכנסת ל- bail out של אובמה לבעלי הבתים שנפגעו מהמשבר, שאני מניחה שהיה מוצדק בעיניך.
כל הזעם הקדוש הזה כלפי טראמפ הוא כל כך דו פרצופי שזה מדהים.
By
Alan Zibel
Updated Sept. 24, 2014 1:56 pm ET
PRINT
TEXT
12
WASHINGTON—The Treasury Department allowed General Motors Co. GM +1.57% and Ally Financial Corp. ALLY -1.07% to give big pay raises to top executives while the firms struggled to exit their federal bailouts, a federal watchdog said Wednesday.
The report criticized the Treasury for allowing Ally and GM to pay compensation packages worth at least $1 million in 2013 for all 25 top executives at each company. The companies paid those executives an average of $3 million annually, an increase of 28% from 2009, the report found.
The Treasury sold off its remaining stake in GM in December 2013 at a loss of $10.5 billion, according to Treasury figures. Ally, the former GM financing arm, is the last major company to have a government investment through the Troubled Asset Relief Program. Earlier this month, Treasury said it sold off 8.9 million shares in the auto lender, reducing its stake in the company to 13.8%. The government has recouped about $18 billion on its Ally investment, more than the $17.2 billion originally invested.
In a report, the special inspector general for TARP questioned Treasury's pay oversight at the two firms, which remained in the 2008 federal rescue program far longer than other big companies.
"Treasury loosened its own pay restrictions for senior executives at General Motors and Ally Financial year after year, even as taxpayer losses in these companies mounted," said Christy Romero, the inspector general.
The report highlights the continuing controversy over executive pay at bailed-out companies. The Treasury in 2009 gained power to approve executive pay at seven firms that received significant federal assistance during the financial crisis, following public outrage over big bonuses paid at American International Group Inc. AIG +0.33% after its financial rescue.
Treasury officials say they have sought to balance their mandate to limit compensation with the need to keep executive pay competitive with other companies, and say the U.S. has recovered $25 billion more than initially invested in the seven firms subject to pay oversight.
An Ally spokeswoman said the company "is pleased to have been able to more than repay the American taxpayer due in large part to the dedication of its management team and despite the significant constraints imposed at Ally as a result of TARP." A GM spokesman said the company has worked "to align executive compensation with the long-term interests of stockholders" and will continue to do so.
The Treasury "has fulfilled its obligation to balance limiting executive compensation with allowing companies to repay taxpayer assistance," said Patricia Geoghegan, who manages the a special office at Treasury that handles executive compensation for TARP firms.
Treasury officials say they worked to structure executive pay packages so that most of senior executives' compensation was paid in stock, to give executives the incentive to avoid short-term risks and focus on the long-term value of the company. At Ally, the top 25 compensation packages for 2014 are 17% cash and 83% stock, Treasury says.
In 2009, President Barack Obama established a salary cap of $500,000 for top executives at seven of the biggest firms receiving aid from the government. But firms were also allowed to pay out restricted stock if it wasn't more than one-third of total compensation.
Write to Alan Zibel at [email protected]
חברות הרכב לא החזירו למדינה כל גרוש. למעשה, המדינה (ציבור משלמי המיסים) הפסידה כ- 10.5 ביליון $. התעשיה היתה ניצלת בכל מקרה, כי פשוט יותר עובדים היו עוברים למפעלי הונדה, טויוטה ופורד בארה"ב.
כפי שארה"ב לא נחלצה להציל את TWA למשל, לא היתה כל סיבה להציל את GM.
לגבי פנסיית כורי הפחם, שוב, זו היתה בעיקר התעקשות של הדמוקרטים שפעלו למען ה- union של כורי הפחם. ואגב, אם אני מבינה נכון רוב או חלק מהכספים אמורים להגיע מכספים שנאספו כבר ב- FUND שנשאר בה הרבה מאוד כסף (2.3 בליון $) והמימון שלה הגיע ממס על פחם.
בעינייך היה תקין שלמרות שהתוכנית של אובמה היתה אמורה להגביל את השכר של המנהלים בחברות שמקבלות bail out (כולל GM) לחצי מליון $, אך לאחר שהחברות לחצו הממשל נכנע והעלה את המשכורות?
https://www.wsj.com/articles/watchd...-executives-big-raises-during-tarp-1411574414
(הדבקתי את הכתבה עצמה למטה)
בוא נראה מה היה שווי המנהלים בתקופה הזו -
https://www.cnbc.com/2014/04/25/gm-awarded-former-ceo-akerson-about-9m-in-2013.html
ואני כבר לא נכנסת ל- bail out של אובמה לבעלי הבתים שנפגעו מהמשבר, שאני מניחה שהיה מוצדק בעיניך.
כל הזעם הקדוש הזה כלפי טראמפ הוא כל כך דו פרצופי שזה מדהים.
By
Alan Zibel
Updated Sept. 24, 2014 1:56 pm ET
TEXT
12
WASHINGTON—The Treasury Department allowed General Motors Co. GM +1.57% and Ally Financial Corp. ALLY -1.07% to give big pay raises to top executives while the firms struggled to exit their federal bailouts, a federal watchdog said Wednesday.
The report criticized the Treasury for allowing Ally and GM to pay compensation packages worth at least $1 million in 2013 for all 25 top executives at each company. The companies paid those executives an average of $3 million annually, an increase of 28% from 2009, the report found.
The Treasury sold off its remaining stake in GM in December 2013 at a loss of $10.5 billion, according to Treasury figures. Ally, the former GM financing arm, is the last major company to have a government investment through the Troubled Asset Relief Program. Earlier this month, Treasury said it sold off 8.9 million shares in the auto lender, reducing its stake in the company to 13.8%. The government has recouped about $18 billion on its Ally investment, more than the $17.2 billion originally invested.
In a report, the special inspector general for TARP questioned Treasury's pay oversight at the two firms, which remained in the 2008 federal rescue program far longer than other big companies.
"Treasury loosened its own pay restrictions for senior executives at General Motors and Ally Financial year after year, even as taxpayer losses in these companies mounted," said Christy Romero, the inspector general.
The report highlights the continuing controversy over executive pay at bailed-out companies. The Treasury in 2009 gained power to approve executive pay at seven firms that received significant federal assistance during the financial crisis, following public outrage over big bonuses paid at American International Group Inc. AIG +0.33% after its financial rescue.
Treasury officials say they have sought to balance their mandate to limit compensation with the need to keep executive pay competitive with other companies, and say the U.S. has recovered $25 billion more than initially invested in the seven firms subject to pay oversight.
An Ally spokeswoman said the company "is pleased to have been able to more than repay the American taxpayer due in large part to the dedication of its management team and despite the significant constraints imposed at Ally as a result of TARP." A GM spokesman said the company has worked "to align executive compensation with the long-term interests of stockholders" and will continue to do so.
The Treasury "has fulfilled its obligation to balance limiting executive compensation with allowing companies to repay taxpayer assistance," said Patricia Geoghegan, who manages the a special office at Treasury that handles executive compensation for TARP firms.
Treasury officials say they worked to structure executive pay packages so that most of senior executives' compensation was paid in stock, to give executives the incentive to avoid short-term risks and focus on the long-term value of the company. At Ally, the top 25 compensation packages for 2014 are 17% cash and 83% stock, Treasury says.
In 2009, President Barack Obama established a salary cap of $500,000 for top executives at seven of the biggest firms receiving aid from the government. But firms were also allowed to pay out restricted stock if it wasn't more than one-third of total compensation.
Write to Alan Zibel at [email protected]
