Bailout's Executive Pay Curbs Still Raise Questions

Law360, New York (October 9, 2008, 12:00 AM EDT) -- As the Treasury Department rolled out its $250 billion plan to buy equity stakes in financial institutions, officials were quick to underline the reach of the executive compensation restrictions built into the bailout program, while providing only broad outlines of how those limits would work.

On Tuesday the Treasury Department unveiled its voluntary Capital Purchase Program, under which the Treasury will take equity stakes in financial institutions in order bolster the banking sector and boost financing flows.

But Treasury Secretary Henry Paulson was careful to confirm...
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