February 19, 2009

Employee Benefits Alert: Executive Compensation Significantly Restricted by Economic Stimulus Package

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On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Tax Act of 2009 (the “Act”), which amended the Troubled Asset Relief Program

(TARP). The Act restricts executive compensation payable by TARP recipients in numerous ways, including, but not limited to....

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