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Bailout Talks Get Stuck on Executive Pay

Senate wants to rein in excesses, but lobbyists push back

By Jason Farago, Newser Staff

Posted Sep 24, 2008 6:08 AM CDT

(Newser) – As Washington continues to wrangle over the terms of the Wall Street bailout, one major sticking point has been executive pay packages, with many in Congress looking to punish CEOs seeking taxpayer aid. While lobbyists are pushing back hard, some kind of restraint on compensation... Read full story »

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Bailout Talks Get Stuck on Executive Pay

Senate wants to rein in excesses, but lobbyists push back

executive compensation • Chris Dodd • credit market • compensation • bailout • financial crisis

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More Newser Stories

Pay Czar to Examine Salaries at Bailed-Out Firms

Feinberg to review compensation for top 25 executives

Dems May Cave on Consumer Agency

Proving they serve banks, not families, says Elizabeth Warren

US Banks Paid Employees Record $145B in 2009

Haul breaks mark set in pre-bust 2007

To Spur Bank Execs to Act, Mess With Their Pay

Compensation limits have prompted swift TARP repayment

Bonuses at Morgan Stanley, JPMorgan, Goldman Hit $30B

Average payout will be five times median household income in US

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