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Executive Compensation under the Emergency Economic Stabilization Act of 2008 (PDF)
Buck
[Guidance Overview] Oct. 21, 2008
Excerpt: On October 3, President Bush signed into law a $700 billion economic rescue package that imposes limits on the compensation for certain executives of financial firms whose troubled assets may be purchased by the government. Although these limits are aimed at companies that are expected to benefit from the bailout, the stage may be set for market forces to demand similar restraints on other companies' executive compensation practices going forward. This For Your Information discusses the rules affecting executive compensation, including guidance released on October 14 and 15.
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