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Feinberg Says Pay Rulings Bring Risk of ‘Talent Drain’: Video

Nov. 2 (Bloomberg) -- Kenneth Feinberg, the U.S. Treasury Department's special master for executive compensation, speaks about his rulings on pay restrictions at taxpayer-rescued firms and the outlook for their adoption by private industry.

Feinberg speaks in Washington at a forum hosted by the University of Maryland's Robert H. Smith School of Business. (Source: Bloomberg)


00:00 Feinberg offers opening remarks.
02:21 Feinberg's jurisdiction over executive pay
08:03 Goals; renegotiating contracts; principles
16:42 "Surprised" by reception of new pay packages
20:36 Outlook for voluntary adoption of pay rules
21:15 Policies "worthy" of adoption by industry
24:45 Feinberg responds to questions.
32:12 Risk of "talent drain" from pay decisions

Running time 35:15

Last Updated: November 2, 2009 14:07 EST

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