Guess What? That Whole “Limit on Executive Pay” Thingy in Bailout is Bunk
Executive Pay Limits May Prove Toothless Loophole in Bailout Provision Leaves Enforcement in Doubt By Amit R. Paley Washington Post Staff Writer Monday, December 15, 2008; A01 Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street executives, so lawmakers included a mechanism for reviewing executive compensation […]
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