DOW JONES NEWSWIRES
Treasury Secretary Timothy Geithner received nearly $435,000 in severancefrom his previous employer, the New York Federal Reserve, and Securities andExchange Commission Chairman
Mary Schapiro $7.2 million from the privateauthority she left to join the Obama administration, the Washington Postreported Tuesday on its Web site.
Geithner disclosed $434,668 in severance fromthe New York Fed, plus between $50,000 and $100,000 in unused vacation time andcomp days.
The SEC said Schapiro will receive $7.2 million from the FinancialIndustry Regulatory Authority, the self-regulatory group she headed. Schapiro also received between $750,000 and $1.5 million in deferred compensation fromDuke Energy Corp. (DUK) in cash and stock, and a payout of $675,033 in deferredcompensation from Kraft Foods Inc. (KFT), where she was a board member.
Attorney General Eric Holder Jr. received a severance of between $1 million to$5 million from his former law firm employer.
Full story athttp://www.washingtonpost.com/wp-dyn/content/article/2009/02/09/AR2009020903274html
Post a Comment