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Pay Limits

Pay Czar's Pay Limits Didn't Drive Most Execs Away

nytimes.com | ERIC DASH | Posted 05.25.2011 | Business

For months, Wall Street banks and the troubled automakers feverishly protested that their top executives would flee if they were not lavishly rewarded...

Bailout Refunds Are Really About Escaping Pay Limits: Andrew Ross Sorkin

nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

Bank of America is paying back $45 billion in taxpayer-provided bailout money, and the government now says it expects to get back $200 billion in thos...

Mack, Lewis Blame Pay Limits For Executive Departures

Bloomberg | Posted 05.25.2011 | Business

John Mack and Kenneth Lewis, the chief executive officers of Morgan Stanley and Bank of America Corp., said pay limits tied to federal rescue funds ha...