This memo critiques the executive pay provisions in the stimulus bill passed by Congress on February 13. It includes a chart comparing the stimulus provisions with the compensation restrictions in the original financial bailout legislation, as well as the Treasury Department rules announced by President Obama on February 4.
Executive Pay and the Stimulus Bill
This memo summarizes the key provisions in the stimulus legislation to restrict compensation for executives of bailed-out companies.
February 13, 2009
Sarah Anderson, Sam Pizzigati