Treasury Department freezes pay for top TARP recipients
To date, AIG has reduced its obligations to the government by more than 75 percent.
Treasury has also recovered nearly half of the TARP funds invested in GM and nearly one-third of the TARP funds invested in Ally Financial through repayments and other income.
For 69 other senior executives at the three firms, Treasury has decreased compensation by 18 percent and has cut total pay by 10 percent from 2011 levels.
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