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Home » Store » News » House Clamps Down on Executive Compensation

House Clamps Down on Executive Compensation

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Lawmakers on Capitol Hill lashed out at top executives in the financial services industry by enacting legislation that would significantly lower compensation at companies receiving assistance under the Troubled Asset Relief Program. Passing the House by a vote of 247-171, the Grayson-Himes Pay for Performance Act, co-sponsored by Reps. Alan Grayson, D-FL, and Jim Himes, D-CT, would authorize...
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