Bankers Face Sweeping Curbs on Pay, Bonus Regulators Will Work Within Banks

by Benjamin Domenech on 6:11 am September 18, 2009

The Fed’s “strategy appears to go further than what some in the industry were expecting, given that it would apply to many employees, not just top earners. It would go beyond a more generic list of ‘best practices’ that many thought the central bank would craft.” The Fed is watching you.

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