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Corporate & Securities Law

: Business Law Prof Blog

Bank Bailout Compensation Limit Problems

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The bank bailout bill bans severance payments to bank executives over 3 time salary and puts vague limits on salary. Yet the banks covered are under a contractual obligation for "billions" to their executives. See "Banks Owe Billion to Executives,"...

Full post as published by Business Law Prof Blog on October 31, 2008 (boomark / email).

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