US Treasury allowed excessive pay at TARP firms: watchdog


* Treasury's pay czar meant to limit high pay at bailed-out firms * Czar pressured on pay by companies, lacks own standard: watchdog By Anna Yukhananov WASHINGTON, Jan 28 (Reuters) - The U.S. Treasury Department failed to curb executive pay last year for the second year running at companies rescued by the government, an internal watchdog charged on Monday. The Treasury's pay czar, or "special master," was tasked with limiting ...

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