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Stop the Presses! Politician Makes Positive Comments on Executive Compensation
Winston & Strawn LLP Link to more items from this source
Mar. 16, 2014
"New York State Comptroller Thomas DiNapoli issued a press release Wednesday titled, 'Wall Street Bonuses Went Up In 2013, Bonuses Were Boosted by Deferred Compensation' ... As explained by the Comptroller, this is good news.... [M]uch of the increase was attributable to deferred compensation, payable in later years and subject to forfeiture or clawback if current financial results turn out to be not as good as they first appeared. This is exactly what Dodd-Frank Act Section 956 and the 2010 Interagency Guidance on Sound Incentive Compensation Polices sought to achieve."

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