Thursday, October 22, 2009

News Alert: Fed to Step Up Reviews of Compensation at Banks

Breaking News Alert
The New York Times
Thu, October 22, 2009 -- 1:46 PM ET
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Fed to Step Up Reviews of Compensation at Banks

The Federal Reserve announced a plan on Thursday to eliminate
pay packages that in the past have encouraged bankers to take
the kinds of reckless risks that contributed to the housing
bubble.

Read More:
http://www.nytimes.com/2009/10/23/business/23pay.html?emc=na

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