Overall, the total compensation for the 25 executives, including yearly bonuses and retirement pay, were cut by an average of around 50 %. Additionally, any of the 175 executives who wanted more than $25,000 in special perks -- such as private planes, limos, company cars or country club memberships would have to receive government permission first. Combined, the executives’ firms received almost $300 billion in taxpayer dollars, more than the gross domestic product of South Africa or Portugal.
Feinberg had also said, “He hoped other companies will follow in the same footsteps but that it's not the government's place to impose any laws on executive compensation. I'm hoping that, using these seven companies as a template or as a model, that other companies will voluntarily see the wisdom of the way we've structured compensation -- less cash, more long-term stock tied to the financial future of these seven companies. Hopefully others will see the wisdom of this and follow suit voluntarily." But he added, "This is a unique situation involving these seven companies who are, in effect, owned by the taxpayer. I do not think it wise or prudent to expand the jurisdiction of what I'm doing now."