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Corporate Governance
: The Race to the BottomThe GAO Studies TARP
By J. Robert Brown
The GAO has issued a preliminary report on the implementation of TARP. It is a bit early to make much of an assessment but the report contains a list of the financial institutions receiving capital infusion and a list of consultants hired to assist with implementation. In that regard, it makes a nice resource. As for corporate governance, there's no assessment of the executive compensation provisions.
Full post as published by The Race to the Bottom on December 10, 2008 (boomark / email).
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