The sin of wages?

Cocheo, Steve
September 2009
ABA Banking Journal;Sep2009, Vol. 101 Issue 9, p20
This article discusses the controversy resulted from compensation received by bank executives in the U.S. It highlights the criticism received by bankers for receiving excessive compensation. It also expresses concerns over the involvement of the government in the bank compensation management issue. It relates the government's involvement to the launch of the Troubled Asset Relief Program (TARP), a program to purchase assets and equity from financial institutions. The potential impact of compensation restrictions on banks is also noted.


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