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TARP Firms Face Compensation Limitations 

Jun 10, 2009By

The US Treasury said late today it has established standards for executive compensation at firms receiving TARP assistance. The restrictions are meant “to protect the taxpayers and mandate compensation practices that maximize the value of the firm for shareholders,” the Treasury said in a press statement. The new regulations will limit executive compensation for certain executives and highly compensated employees at companies receiving TARP funds, curtailing the payment of golden parachutes.

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