US Treasury pay czar OKs compensation for key firms


WASHINGTON, Dec 23 (Reuters) -- U.S. Treasury pay czar Kenneth Feinberg has approved compensation plans for several firms receiving assistance from Uncle Sam. Feinberg OKed up to $9.5 million for GMAC CEO Michael Carpenter in 2010, up to $6.2 million for General Motors CFO Christopher Liddell and $600,000 annually for Chrysler CEO Sergio Marchionne for his service on the Chrysler board of directors.

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