Nov 04, 2009 (SmarTrend(R) News Watch via COMTEX News Network) -- 11/3/2009 - Daily schedules obtained under the Freedom of Information Act show that pay czar Kenneth Feinberg met separately in July with Lloyd Blankfein, CEO of Goldman Sachs (NYSE:GS), and Jamie Dimon, CEO of JPMorgan Chase (NYSE:JPM), according to a Bloomberg report. Those banks are exempt from the pay cuts imposed upon 7 bailed-out institutions like Citigroup (NYSE:C), American International Group (NYSE:AIG) and Bank of America (NYSE:BAC). Others who had meetings with Feinburg include FDIC chairman Sheila Bair, SEC chairman Mary Schapiro, House Financial Services Committee chairman Barney Frank, and former Treasury Secretary and Citigroup chairman Robert Rubin. Feinburg met with AIG executives and Treasury officials more often than anyone else.
Write to Chip Brian at cbrian@tradethetrend.com
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