HR EYE ON THE ELECTION – Senate Bailout Bill (HR 1424) Caps Executive Compensation
By HumanRaceHorses | October 5, 2008
Senate Package Addresses Exorbitant Golden Parachutes
The Senate bailout bill passed last night contains provisions for a variety of items including:
- Increasing FDIC coverage of individual accounts to $250,000
- An extension of the alternative minimum tax
- Caps on Executive Compensation
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