Executive Payouts News Today

Awe keysers and clear their good names and go on with their lives. with mike mcqueary now appearing to release contradictary statements in contrast to what he reportedly told the grand jury, there is some question about the case against schultz and curley. arguably, jon, you could say there is some question about the universitys decision to fire joe paterno as well as graham spanier, the president, based in part on what mcqueary has been saying. and lastly now, in another development we have pic...

Pay czar, a massive executive payouts made at over a dozen financial firms in the peak of the economic crisis. so lets bring in cnbcs senior economic reporter steve liesman. steve, this is embarrassing for wall street today. but other than shining a light on these practices of these extreme bonuses at a time when a lot of wall street firms were getting government assistance, whats going to happen? whats the fallout? >> i dont think anythings going to happen officially, chuck. i think the issue h...