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Corporate Reforms Reassessed
The Washington Post; subscription may be requiredLink to more items from this source
July 23, 2004
Excerpt: Also under attack is a provision that prohibits companies from making loans to top executives -- an idea that picked up momentum after disclosures that WorldCom Inc. chief executive Bernard J. Ebbers accepted $408 million in loans when the company's earnings were being misrepresented. Business executives now complain that the law went too far by prohibiting relocation loans and insurance payments that are common in business.

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