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Emergency Economic Stabilization Act of 2008 Limits Executive Compensation and Offshore Deferrals
Morgan Lewis 
[Guidance Overview] Oct. 17, 2008
Excerpt: Financial institutions that sell assets to the Treasury Department (Participating Financial Institutions) under the TARP are subject to new limitations with respect to the compensation of their executives. Note that the new restrictions on executive compensation summarized in this Section do not apply to (i) financial institutions that only insure assets through the TARP or (ii) entities that do not participate in the TARP.
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