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Published November 16, 2009 at 1:37 PM
The federal government has every right to weigh in on executive
compensation at financial institutions that received taxpayer bailouts.
So says Jones Day partner John Cornell, who specializes in benefits and
compensation issues of restructuring organizations. Extending
compensation control to non-TARP banks, however, is wrong, says
Cornell, who adds that past government regulation has resulted in
increased risk-taking by banks. See the video below or
download it at iTunes. - Suzanne Stevens
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