Comment on Congress Sets New Limits On Wall Street Bonuses

Congress Sets New Limits On Wall Street Bonuses

A provision buried deep inside the $787 billion economic stimulus bill would impose restrictions on executive bonuses at financial institutions that are much tougher than those proposed 10 days ago by the Treasury Department. The provision, inserted by Senate Democrats over the objections of the Obama administration, is aimed at companies that have received financial bailout funds.

 

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