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While a veteran of many boardrooms, Carnwath has only been chair of the Barclays remuneration committee since July and suffered a rough ride as she read from a prepared script, saying the bank "reduced awards significantly in 2011".
Attempts to remodel the other big cost - tax credits - fell foul of Tory MPs last year, though the Treasury has significantly reduced awards within universal credit.
"You will start seeing project cancellations or reduced awards or number of awards over the course of the next month," said Matthew Hourihan, Director of the Research and Development Budget and Policy Program at the American Association for the Advancement of Science.
Despite the reduced awards, the Querries found the pressures of meeting their obligations to Livingstone too great and, as a result, placed the St. Patricks up for sale in 1927.
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These offsets could come in handy as Mr. Feinberg seeks ways to reduce awards at the top end.
The fund is required by law to reduce awards by the amount of "collateral income," such as life insurance and pensions, received by victims' families.
Beginning several decades ago, companies, insurers and others, pointing to instances of excessive jury awards and frivolous lawsuits, pushed state lawmakers to pass measures that would reduce awards and limit filings.
Oliver said this meant that enterprise contracts could reduce award conditions and would "further diminish the bargaining capacity of workers".
The EPSRC decided to protect research studentships at the expense of research grants, and has thus been forced to reduce award grants by £14 million for 2007 2008.
That has reduced liability awards and allowed some hospitals to save money.
Reduced stock awards also meant a pay cut for the finance director, David Ebersman, whose compensation fell to $10m compared with nearly $18m the year before.
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CEO of Professional Science Editing for Scientists @ prosciediting.com