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Home » Store » News » Congress Weighs Proposals to Curb Executive Bonuses, Set Wage Controls for TARP-Assisted Institutions

Congress Weighs Proposals to Curb Executive Bonuses, Set Wage Controls for TARP-Assisted Institutions

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The national firestorm over the payment of bonuses to executives at AIG seems to have eased in the last few days, reducing the threat of punitive Congressional or regulatory action against the executive compensation practices and standards of mortgage lenders and the government-sponsored enterprises, among others. The House last week rushed through legislation that would impose a 90 percent tax...
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