Yesterday, as reported here, President Obama appointed Kenneth Feinberg as the official in charge of determining limits to executive compensation at companies receiving federal bailout money.  Mr. Feinberg is no stranger to making compensation determinations involving large sums of money, as he was in charge of determining payouts to families from the September 11 Victim’s Compensation Fund.  He is also well-known for using his mediation skills in attempting to satisfy multiple constituencies when making these discretionary determinations.

– JG