The federal overseer entrusted with investigating Wall Street pay has declined to take action, arguing that the public wouldn't be served by going after $1.6 billion that 17 financial firms doled out to their employees in the five months after taxpayer-bailouts began in the fall of 2008.
Among other duties, Congress granted Kenneth R. Feinberg,
Source:
http://www.huffingtonpost.com/2010/07/23/pay-czar-names-17-banks-t_n_656988.html
