TITLE

Is $500,000 Fair?

AUTHOR(S)
Maiello, Michael
PUB. DATE
March 2009
SOURCE
Forbes Asia;3/16/2009, Vol. 5 Issue 4, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents information on the U.S. government's limits on compensation. One regulation limits executive pay to $500,000 a year at 421 bailed-out firms until the governments money is repaid. The other is a provision inserted into the $787 billion stimulus bill with somewhat Countrywide mortgage. Steven Bartlett of Financial Services Roundtable concedes that there were flaws in pay policies. Charles Bralver of Tufts University advises to tie the timing of payouts to the duration of risk.
ACCESSION #
37251596

 

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