) -- Kenneth Feinberg, the White House-appointed pay czar, will cite 17 financial firms for making $1.6 billion in "ill-advised" payments during the height of the financial crisis, the
Wall Street Journal
Feinberg on Friday is scheduled to release a report Friday detailing payouts, including salary and bonuses, that companies made as they were receiving government bailout money, the newspaper reports.
are among the companies Feinberg will name, the
reports, citing people familiar with the matter.
Citigroup and Goldman declined to comment for the
, while JPMorgan didn't immediately return a call.
Feinberg reviewed the pay practices at 419 companies that received federal bailout money.
Feinberg won't identify executives by name, according to
. He may publicly pressure companies to return compensation; he doesn't have the legal authority to recoup the money,
-- Written by Joseph Woelfel in New York.
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