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Only a handful of executives were aware of the plan.
Microsoft executives were aware of the existence of the project, these people said.
It is unclear whether the firm's top executives were aware of a potential shortfall.
"NBC executives were aware of this prior to their TCA announcement yesterday.
Maurie Perl, a spokeswoman for Condé Nast, the publisher of Vanity Fair, said company executives were aware of the payment.
Yet other MF Global executives were aware of the shortfall about five hours earlier, according to documents that CME submitted to lawmakers on Thursday.
Similar(23)
The executives are aware of economic indicators providing warning signs of slower European growth.
Few executives are aware of the tremendous impact management has had.
Most executives are aware of the dismal track record of mergers and acquisitions; academic studies have shown that 60-80 percent of all acquisitions fail.
And though 21st Century Fox executives are aware of those clauses, they are prepared to take on that risk, a person familiar with the discussions said.
"We're set on making sure that executives are aware of their full fiduciary responsibilities," says Raber.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com