TITLE

Rescue Plan Efforts Criticized

PUB. DATE
December 2008
SOURCE
American Banker;12/3/2008, Vol. 173 Issue 232, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. Government Accountability Office announced that the U.S. Treasury Department has not adequately addressed numerous important issues related to its economic bailout plan of $700 billion. One of the biggest problems with the bailout that has not been addressed is how the Treasury plans to regulate executive compensation at banks that benefit from the bailout. Additionally, no clear plan has been detailed on how to avoid conflicts of interest.
ACCESSION #
35567522

 

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