TITLE

House Panel OKs Compensation Limits

AUTHOR(S)
Kaper, Stacy
PUB. DATE
March 2009
SOURCE
American Banker;3/27/2009, Vol. 174 Issue 59, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses legislation approved by the U.S. House Financial Services Committee. The legislation will limit executive compensation at companies which have received capital from the Troubled Asset Relief Program. The bill strikes out a provision from the stimulus law which kept compensation contracts that had been entered before February 8, 2009.
ACCESSION #
37215798

 

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