Executive pay reform

SEC chair Mary L. Schapiro, Treasury Secretary Timothy F. Geithner, center, and Federal Reserve Gov. Daniel Tarullo discuss executive pay with the media. The Treasury Department has formally limited bonuses to one-third of total compensation for senior executives at companies receiving money from the $700-billion bailout fund known as the Troubled Asset Relief Program.
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( Matthew Cavanaugh / EPA / June 10, 2009 )

SEC chair Mary L. Schapiro, Treasury Secretary Timothy F. Geithner, center, and Federal Reserve Gov. Daniel Tarullo discuss executive pay with the media. The Treasury Department has formally limited bonuses to one-third of total compensation for senior executives at companies receiving money from the $700-billion bailout fund known as the Troubled Asset Relief Program.

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