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Limits on Executive Pay May Prove Toothless

Posted in Main Blog (All Posts) on December 15th, 2008 5:31 am by HL

Limits on Executive Pay May Prove Toothless
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 and penalizing firms that break the rules.

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