December 18, 2009
The Latest from Feinberg – and Treasury
– Broc Romanek, CompensationStandards.com
As I wind down from a blistering two weeks in the executive compensation world (well, I guess the entire year!), here are two new items:
1. As Mark Borges blogged last week, Special Master Feinberg has imposed new restrictions on the compensation paid by TARP companies. For other thoughts, see the Conglomerate Blog’s “Do The Exec Comp Restrictions in the TARP Prove That Exec Comp Matters?.”
2. This one snuck by us (and most others since this McGuireWood’s memo is the first and only one I’ve seen on the topic) – on December 4th, Treasury released a set of correcting amendments to the TARP Regulations that address ambiguities in the original regulations.