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In-House Counsel

: Legal Literacy

?Other People?s Money?

By Hanna

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The stimulus package awaiting President Obama’s signature puts executive compensation for businesses receiving taxpayer bailout money into a financial straight jacket.   It limits bonuses to no more than 30% of base salary.  The legislation is in response to public outrage over supersized pay packages that have become unhinged from solid performance.  The soon to be signed law is [...]

Full post as published by Legal Literacy on February 14, 2009 (boomark / email).

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