Detailed text transcripts for TV channel - FOXNEWS - 20100204:00:18:00
>> and, shep, this new round of bonuses totaling 100 million is for just one division of the company, by the way, the one that took the risky financial bets that sank a.i.g. >> shepard: the white house's special master on executive pay says there is not much he can do about this at all. >> we will just call him the pay czar. ken feinberg says these bonuses were locked in, as you mentioned, under employment contracts written before the government took over a.i.g. in 2008, before the congress even approved the tarp and its pay restrictions. they are legally binding contracts. but, feinberg says ...
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