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Announcements and Fact Sheets



• Fact Sheet: The Special Master for TARP Executive Compensation Concludes the Review of Prior Payments – July 23, 2010
• Fact Sheet: Special Master Issues 2010 Rulings for ‘Top 25’ Executives at Firms Receiving Exceptional Taxpayer Assistance —March 23, 2010
• Fact Sheet: The Special Master for TARP Executive Compensation Rules on Compensation Structures for Certain Executive Officers and Most Highly Compensated Employees 26 – 100—December 11, 2009
• Fact Sheet: The Special Master for TARP Executive Compensation Issues First Rulings—October 22, 2009
• Fact Sheet: The IFR on TARP Standards for Compensation and Corporate Governance — June 10, 2009




Recovery Act “Look Back” Review



• “Look Back” Letter on Review of Pre-Recovery Act Compensation— March 23, 2010
• Instructions Regarding Review of Pre-Recovery Act Compensation—March 23, 2010
• FAQs Regarding “Look Back” Letter on Review of Pre-Recovery Act Compensation— updated March 30, 2010

Determinations of the Special Master Covering Executives of TARP Exceptional Assistance Recipients

2010 “Covered Employees 26-100” Compensation Determinations — April 16, 2010



• 2010 “Covered Employees 26-100” Letter— AIG
• 2010 “Covered Employees 26-100” Letter— Chrysler
• 2010 “Covered Employees 26-100” Letter— Chrysler Financial
• 2010 “Covered Employees 26-100” Letter— General Motors
• 2010 “Covered Employees 26-100” Letter— GMAC




2010 “Top 25” Compensation Determinations — March 23, 2010



• 2010 “Top 25” Cover Letter and Determination Memorandum — AIG
• 2010 “Top 25” Cover Letter and Determination Memorandum — Chrysler
• 2010 “Top 25” Cover Letter and Determination Memorandum — Chrysler Financial
• 2010 “Top 25” Cover Letter and Determination Memorandum — General Motors
• 2010 “Top 25” Cover Letter and Determination Memorandum — GMAC




2009 “Covered Employees 26-100” Compensation Structure Determinations — December 11, 2009



• 2009 “Covered Employees 26-100” Cover Letter and Determination Memorandum — AIG
• 2009 “Covered Employees 26-100” Cover Letter and Determination Memorandum — Chrysler
• 2009 “Covered Employees 26-100” Cover Letter and Determination Memorandum — Chrysler Financial
• 2009 “Covered Employees 26-100” Cover Letter and Determination Memorandum — Citigroup
• 2009 “Covered Employees 26-100” Cover Letter and Determination Memorandum — General Motors
• 2009 “Covered Employees 26-100” Cover Letter and Determination Memorandum — GMAC




2009 “Top 25” Compensation Determinations — October 22, 2009



• 2009 “Top 25” Cover Letter and Determination Memorandum — AIG
• 2009 “Top 25” Cover Letter and Determination Memorandum — Bank of America
• 2009 “Top 25” Cover Letter and Determination Memorandum — Chrysler
• 2009 “Top 25” Cover Letter and Determination Memorandum — Chrysler Financial
• 2009 “Top 25” Cover Letter and Determination Memorandum — Citigroup
• 2009 “Top 25” Cover Letter and Determination Memorandum — General Motors
• 2009 “Top 25” Cover Letter and Determination Memorandum — GMAC




Supplemental Determinations — last updated August 3, 2010

August 3, 2010	- Determination regarding Ally
August 3, 2010	- Determination regarding AIG
June 23, 2010	- Determination regarding certain 2010 compensation structures -- GM
June 10, 2010	- Determination regarding reconsideration request -- GM
May 20, 2010:	- Determination regarding 2010 Compensation Payments and Structures for Most Highly Compensated Employees — AIG
March 12, 2010:	- Determination regarding long-term restricted stock grants — Chrysler
March 5, 2010:	- Determination regarding the purchase of American Life Insurance Company— AIG
February 5, 2010:	- Determination regarding a proposed compensation structure for an executive officer — AIG
December 23, 2009:	- Determination regarding proposed CEO compensation for 2009— Chrysler - Determination regarding Citigroup’s December 23, - 2009, TARP repayment — Citigroup - Determination regarding technical corrections and certain compensation structures— GM - Determination regarding proposed CFO Compensation — GM - Determination regarding proposed CEO Compensation — GMAC
December 21, 2009:	- Determination regarding reconsideration request and technical corrections— AIG - Determination regarding technical corrections — Citigroup
December 11, 2009:	- Determination regarding Bank of America’s December 9, 2009, TARP repayment — Bank of America
October 2, 2009:	- Determination regarding proposed CEO Compensation for 2009— AIG




Compensation Regulations Covering All TARP Recipients

Current Rules and Guidance



• The Interim Final Rule on TARP Standards for Compensation and Corporate Governance — June 15, 2009
• FAQs on the Interim Final Rule on TARP Standards for Compensation and Corporate Governance — updated February 23, 2010
• Technical Corrections to the Preamble to the Interim Final Rule— December 7, 2009
• Technical Corrections to the Interim Final Rule— December 7, 2009
• IRS Notice 2008-94— October 3, 2008
• The Emergency Economic Stabilization Act of 2008
• The American Recovery and Reinvestment Act of 2009




Previous Rules and Guidance

The following were superseded by the June 15, 2009, Interim Final Rule on TARP Standards for Compensation and Corporate Governance:



• Interim Final Rule on the TARP Capital Purchase Program — October 20, 2008 (superseded)
• FAQs on the executive compensation requirements of the TARP Capital Purchase Program (superseded)
• Treasury Notice 2008-PSSFI — October 20, 2008 (superseded)
• Treasury Notice 2008-TAAP — October 20, 2008 (superseded)




Statements and Prepared Testimony Regarding Executive Compensation



• Special Master Feinberg testimony before the House Committee on Financial Services — February 25, 2009
• Special Master Feinberg before the Committee on Oversight and Government Reform — October 28, 2009
• Statement from Secretary Geithner on the October 22, 2009, compensation determinations by Special Master Kenneth R. Feinberg— October 22, 2009
• Secretary Geithner statement on compensation — June 10, 2009




Other Resources



• Special Master web page

 

 

• The Act: The Emergency Economic Stabilization Act
• The Plan: Financial Stability Plan