salaries

(Newser) - In a move to skirt government restrictions on executive pay for recipients of bailout cash, some Wall Street companies are discussing raising base salaries, the Journal reports. Citigroup and Morgan Stanley are considering the idea, which is gaining currency as regulators keep a watchful eye on bonuses, say industry insiders....

(Newser) - President Obama announced today that he was freezing the salaries of top White House staff who take in more than $100,000 a year, the AP reports. “Families are tightening their belts, and so should Washington,” he said. Obama is also requiring federal agencies to respond more actively...