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Clawbacks in Word, Not Deed
The New York Times; subscription may be required
Aug. 3, 2013
"[I]n the almost 10 years since clawback policies became a hot topic among investors, there is little indication that they have resulted in significant recoveries. High-profile cases occasionally emerge -- Ina Drew, the former head of JPMorgan Chase's chief investment office, returned some pay after the disastrous losses she oversaw in the London whale matter. But examples like these are few and far between. So some investors are taking up the issue again."
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