VOL. 3 no. 250 beta

Tuesday, September 7th, 2010

Washington Post Wall Street Journal VS

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Posted by ghostly 02/04/2009 4:37 PM EST

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Bailout Includes Executive Pay Limits for Some Firms   Obama Links Bailout to Caps on Pay - WSJ.com
 
...fresh government aid. Companies could waive the restrictions by disclosing executive compensation publicly and, if requested, allow a shareholder resolution on the matter, though the results would not be binding.President Obama said the new rules were needed...   ...president said. Under the new rules, companies that receive "exceptional assistance" from taxpayers may not pay any top executive more than $500,000 a year. Any additional compensation would have...
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