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Articles Posted by AmyNeal7252

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  • Barney Frank: TARP's comp curbs could be extended to ALL businesses

    02/03/2009 8:04:56 PM PST · by AmyNeal7252 · 14 replies · 1,035+ views
    Financial Week ^ | February 3, 2009 | Neil Roland
    Barney Frank: TARP's comp curbs could be extended to all businesses Would be part of broader bill limiting hedge funds, credit-raters, and mortgage securitizers; 'deeply rooted anger' By Neil Roland February 3, 2009 3:01 PM ET Congress will consider legislation to extend some of the curbs on executive pay that now apply only to those banks receiving federal assistance, House Financial Services Committee Chairman Barney Frank said. “There’s deeply rooted anger on the part of the average American,” the Massachusetts Democrat said at a Washington news conference today. He said the compensation restrictions would apply to all financial institutions and...