Jones Day's Cornell on regulating exec comp

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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