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Treasury Bailout Program Restricts Executive Pay for Participating Asset Holders
Faegre Drinker 
[Guidance Overview] Oct. 6, 2008 Excerpt: Perhaps unsurprisingly, the Act seeks to limit the extent to which asset holders, or their top executives, will benefit from the federal government bailout, and to discourage those asset holders or their executives from engaging in fraud or taking on inappropriate risk. Accordingly, most asset holders that choose to participate in the program will be subject to certain limitations on executive pay. |
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