Word: repaid
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...evidence of the past eight months suggests that Geithner was mostly right and his critics were mostly wrong. The financial sector is in much better shape than it was then. TARP money is being repaid, and the debate now is what to do with the billions that were never needed... Geithner's path was a middling one, but it helped the country muddle toward recovery...
...That's just the start. Feinberg will oversee the pay at the firms until each has repaid the government - or until he quits, and he has no plans to do so anytime soon. Having established a set of principles on which to base compensation for these execs, Feinberg says it will be easier to pass judgment on next year's pay packages, a process he pledges to start in January...
...along with their regular paychecks. The checks can be cashed immediately, but the executives may not sell the stock for up to four years. Also, bonuses are paid in restricted stock, which must be held for at least three years and may be sold only after the firm has repaid what it owes taxpayers. The result is that in most cases, much of what the executives will get paid - in some instances, nearly 95% - will be in long-term stock grants. For the most part, Feinberg has kept cash salaries to $500,000 or less. (See 25 people to blame...
...that is wrong with Russia's electoral system. A bearded apparatchik with Coke-bottle glasses, Churov served under Putin in the St. Petersburg mayor's office in the early 1990s. After Putin became President, he paved the way for Churov to lead the election commission, and Churov has since repaid the favor by deflecting the fraud allegations that mar every election in Russia...
...money. The conventional thinking is that the $700 billion of Troubled Asset Relief Program (TARP) money was the beginning and will be the end of the bailout. TARP lent $238 billion to more than 680 banks, according to SNL Financial, a research firm; 44 of these banks have repaid a total of $71 billion. Thus, there's less than $170 billion, a relative pittance, of TARP money invested in banks...