The Return of the Golden Parachute?

by Derek Loosvelt | November 13, 2008

Remember all that talk about the end of the golden parachute and a severe reduction in executive compensation? Well, according to Iowa Senator Charles Grassley, that heated debate has turned into a bunch of hot air. Now that Hank Paulson is changing course on where to divert the funds from the federal bailout package, Grassley claims that penalties for excess pay will not be enforceable.

Filed Under: Finance


Just When You Thought It Was Safe To Go Back To the Office . Support Staff: The Forgotten Unemployed

Vault welcomes your views. Please stay on topic and be respectful of other readers. Review our User Guidelines.

blog comments powered by Disqus

Featured Companies

Become a Vault Basic Member

Complete your Vault Profile and get seen by top employers