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The Ever-Changing Federal Assistance Landscape - Treasury's New Executive Pay Restrictions
Sponsored By Pearl Meyer & Partners
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- Abstract:
- Outrage over Wall Street bonuses has prompted the Treasury Department to impose a new round of limitations on executive compensation programs at financial institutions taking government funds. Communicated in a February 4, 2009 press release issued by Treasury, the rules are subject to public comment and expected to be finalized within weeks. The new rules are considerably more restrictive than those previously imposed on institutions that have received government funds and are to be applied prospectively. Treasury has indicated its goal is to better align executive compensation at these organizations with shareholder and taxpayer interests.
- DETAILS
- Sponsored by: Pearl Meyer & Partners
- Released: February 18, 2009
- Length: 7 pages
- Format: PDF (342 kb)
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