United States of America (USA)

AIG exec pay capped at $500,000

Kenneth Feinberg, the Obama administration's special master for executive pay, has set $500,000 cash salary limits for employees at four companies that received "exceptional" US assistance including AIG.

Reflecting regulations

After taking a battering from the financial crisis, the focus is on which new regulations will be put in place to prevent a repeat, writes Tim Evershed.

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