$1 million
The largest raise approved by the U.S. Treasury Department, according to an inspector general’s report that found approved “excessive” salaries and raises at firms that received taxpayer-funded bailouts during the financial crisis. The report said Treasury approved all 18 requests — 14 for $100,000 or more — it received last year to raise pay for executives at American International Group Inc., General Motors Corp. and Ally Financial Inc.
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