Getting your player ready...
WASHINGTON — General Motors Co. said Tuesday it had submitted its executive- compensation proposal to the Obama administration, complying with a requirement for companies bailed out by the federal government.
GM spokesman Tom Wilkinson declined to elaborate on the proposal for compensating chief executive Fritz Henderson and other top officials. GM, along with Chrysler Group LLC, several banks and other entities, must submit plans to compensate its 100 highest- paid employees by Thursday.
