Alistair Barr
MarketWatch Pulse
FoxBusiness.com
6/23/2010
SAN FRANCISCO — Kenneth Feinberg will step down as the government’s so-called pay czar this summer to focus on running the $20 billion oil spill fund being established by BP PLC , a spokesman for the Treasury Department said Wednesday. As the Special Master for TARP Executive Compensation, Feinberg has been overseeing the compensation of big financial institutions that were bailed out by the U.S. government. The Treasury spokesman didn’t say whether Feinberg will be replaced in this role.
