Or at least give it the old college try, gosh darn it. Is is possible to slip in more weasel-words into his bold talk? Somehow I'm not feeling very confident in his ability to get much done besides calling himself the czar of something or other. His comment on the Citi trader who is about to receive a $100 million bonus doesn't sound like someone who is going to exercise much power. Reuters:
Feinberg told Reuters that Citigroup included the contract of energy trader Andrew Hall in submissions due Friday by seven major companies still locked in the federal government's TARP Program.
Feinberg said he hasn't looked at Hall's contract, which reports have said could pay him as much as $100 million this year.
"Whether I have jurisdiction to decide his compensation or not, we will take a look and decide over the next few weeks," Feinberg said after speaking at a public forum in Martha's Vineyard, Massachusetts, part of a newsmaker series hosted by the Martha's Vineyard Times newspaper.
