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    GM Denies Asking For $2.1 Million Pay Raise For CEO Dan Akerson

    General Motors Co. said today that its Chief Executive Dan Akerson will not take a pay raise this year.

    Documents filed with the House Committee On Oversight and Government Reform showed that GM was asking the U.S. government to OK a $2.1 million raise for Akerson. The government still owns part of GM and when the automaker took a $49.5 billion bailout, it agreed to have executive pay approved by government.

    Today, GM was indignant in a statement saying those figures were "false."

    "Unfortunately, someone who obviously did not understand the compensation request leaked the information in a way that misrepresented the truth in order to score political points on the eve of a congressional hearing," GM said.

    That hearing, by the way, was focused on a report issued by a Special Inspector General for the Troubled Asset Relief Program (TARP). As we reported, the IG found that the Treasury "failed to rein in executive pay at companies that received a government bailout."

    The Wall Street Journal adds:

    "The Inspector General, Christy Romero, detailed how GM lobbied for higher pay for senior executives, stating that Mr. Akerson lobbied outgoing Treasury Secretary Timothy Geithner for relief from the pay restrictions imposed as conditions of the company's bailout.

    "Ms. Romero reprised her criticism in this morning's House hearing, stating in her testimony that the Treasury should go back to its original position that executive pay at companies still on federal life supports should be limited to $500,000 a year except in unusual circumstances."

    As for Akerson's compensation: USA Today reports he is among the lowest paid CEOs of the Big Three automakers in Detroit. Ford's CEO got $29.5 in 2011.

    The Journal points out, however, that GM is seeking raises for 18 other executives.

    Copyright 2013 NPR. To see more, visit http://www.npr.org/.

    NPR

    Collards And Canoodling: How Helen Gurley Brown Promoted Premarital Cooking

    The legendary Cosmo editor, subject of two new biographies, knew sex sells – and food brings in ad money. She cannily combined them with features like "After Bed, What? (a light snack for an encore)."
    NPR

    Collards And Canoodling: How Helen Gurley Brown Promoted Premarital Cooking

    The legendary Cosmo editor, subject of two new biographies, knew sex sells – and food brings in ad money. She cannily combined them with features like "After Bed, What? (a light snack for an encore)."
    WAMU 88.5

    The Legality Of Restoring Virginia Voting Rights

    Virginia's governor is bypassing the commonwealth's Supreme Court ruling and restoring felon voting rights individually. Kojo examines Terry McAuliffe's move with a legal expert.

    NPR

    FBI Investigates Possible Russian Connection To Leaked DNC Emails

    Hackers tied to two Russian intelligence agencies breached DNC computers in May, but whether the same hackers turned over thousands of emails to WikiLeaks is still under investigation.

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