9/19/09

Global Regulation of Bank Executives' Compensation

In the wake of a global financial crisis (or during it, depending on your faith in Bernanke's assessments)world leaders have turned their attention to oregulation of bank executives' pay, including the compensation of traders. The Wall Street Journal's weekend edition for 9/19-9/20/2009 has several articles on the subject, including one on the expanded responsibilities of members of a corporate board's compensation committee.

Interestingly, a WSJ website search on fed reserve chairman yielded a list of articles mostly devoted to bank executives' compensation.

Fed's Plan on Pay Divides Industry

Boards Face Expanded Responsibilities

Restraining Bankers' Pay: Easy to Promise, Hard to Do

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