The Return of the Golden Parachute?

by Derek Loosvelt | November 13, 2008

  • My Vault

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

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