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	<title>Hedge Fund News From HedgeCo.Net &#187; federal government</title>
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		<title>U.S. pay czar says he can &#8220;claw back&#8221; exec compensation</title>
		<link>http://www.hedgeco.net/news/08/2009/us-pay-czar-says-he-can-claw-back-exec-compensation.html</link>
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		<pubDate>Mon, 17 Aug 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Reuters &#8211; Kenneth Feinberg, the Obama administration&#8217;s pay czar, said on Sunday he has broad and &#34;binding&#34; authority over executive compensation, including the ability to &#34;claw back&#34; money already paid, and he is weighing how and whether to use that power. Feinberg told Reuters that Citigroup Inc included the contract of energy trader Andrew Hall [...]]]></description>
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		<title>Bank of America&#8217;s $35 Billion Headache</title>
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		<pubDate>Wed, 06 May 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Reuters &#8211; Bank of America CEO Kenneth Lewis is facing a $35 billion headache this morning after financial regulators informed the bank that was the figure it need to find now to pass the so-called stress test for viable financial institutions, the Wall Street Journal and New York Times report. BoA already has received $45 [...]]]></description>
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		<title>Obama tries to temper furor over AIG bonuses</title>
		<link>http://www.hedgeco.net/news/03/2009/obama-tries-to-temper-furor-over-aig-bonuses.html</link>
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		<description><![CDATA[Associated Press &#8211; President Barack Obama is trying to dampen a fire he once stoked, urging a more tempered response to public furor over bonuses paid to executives of the publicly rescued insurance giant American International Group. Obama is virtually certain to use Tuesday&#8217;s prime-time news conference to continue an effort that began over the [...]]]></description>
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