In his prepared remarks, Kenneth Feinberg tells Congress his powers as Special Master of Executive Compensation shouldn't go beyond the firms whose pay he currently oversees. CNBC's Mary Thompson has the details.
In June CNBC launched a competition to find a green start-up business and had over 200 entries from all over Europe. Philippa Malmgren, president of Principalis Asset Management, considers the final three projects.
Banks must disclose how much they pay top employees, a UK government-sponsored report published by Sir David Walker said Thursday. "I am confident that the direction of the proposals I'm making is right," Walker, a former chairman of Morgan Stanley's international unit, told CNBC.