Watchdog Slams Treasury For GM, Ally Post-Bailout Exec Pay

By Daniel Wilson (September 24, 2014, 3:39 PM EDT) -- A government watchdog slammed the U.S. Department of the Treasury Wednesday for its oversight of General Motors Co. and Ally Financial Corp. following their federal bailouts, saying the Treasury had allowed top employees to collect "excessive" pay packets while the companies struggled to repay taxpayers....

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