Crisis Likely To Lower Limits On Executive Pay

Law360, New York (September 29, 2008, 12:00 AM EDT) -- The financial crisis has put a white-hot spotlight on the issue of executive pay, with Democratic lawmakers pushing hard over the weekend to insert compensation limits into the now-imperiled bailout bill.

All that attention is sure to revise expectations of just how much the titans of the financial world should be paid, experts say, even as a legislative solution to the crisis lingers in limbo.

While the U.S. House of Representatives rejected the proposed $700 billion bailout package on Monday in a 205-228 vote, backers of...
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