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Highlights from the Recent Congressional Hearing on CEO Pay and the Mortgage Crisis (PDF)
FW Cook Link to more items from this source
Mar. 24, 2008
6 pages. Excerpt: On March 7th, the House of Representatives' Committee on Oversight and Government Reform ('the Committee') held a hearing titled 'Executive Compensation II: CEO Pay and the Mortgage Crisis.' In advance of the hearing date, the Committee released a staff memorandum examining the apparent breakdown between shareholder interests and the compensation and retirement benefits awarded to three prominent CEOs whose companies are involved in the mortgage crisis. This was the second in a series of hearings that focus on executive compensation.

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