Banker Pay Curb: A Precaution?
February 10, 2011 at 13:57 PM EST
Finally, the Federal Deposit Insurance Corp. (FDIC) has awakened to enforce limits on bankers’ pay. According to proposed rules issued by the FDIC earlier this week, top executives at mega banks will now have to bear a long wait—for at least three years—to get half their annual bonuses. This is an effort to restrain excessive [...]
