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Detailed text transcripts for TV channel - MSNBC - 20100202:02:20:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100202:02:20:00

Why are the banks so eager to return these loans? it's in part because they are afraid of our next guest. joining us now is kenneth feinberg. he's the special master for t.a.r.p. executive compensation, also known as the pay czar by people who know that the word "czar" in this case is high personally and that he's probably not even really russian. mr. feinberg, thanks very much for coming on the show. >> thank you. >> as i understand it, your job is very narrowly defined by congress. you are to set executive pay limits at companies that received the most bailout money, and only why they still ...

Detailed text transcripts for TV channel - MSNBC - 20100202:04:20:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100202:04:20:00

Joining us now is kenneth feinberg. he's the special master for t.a.r.p. executive compensation, also known as the pay czar by people who know that the word "czar" in this case is high hyperbole and he's probably not even really russian. mr. feinberg, thanks very much for coming on the show. >> thank you. >> as i understand it, your job is very narrowly defined by congress. you are to set executive pay limits at companies that received the most bailout money, and only while they still have bailout money outstanding, right? >> that's exactly right. that's the way the statute reads. i started wi...