Tagged: financial services

Salary caps nixed for bailed-out firms

Reports say plans to cap salaries at firms getting bailout money is being nixed by the Obama administration, which will leave it to Congress to limit bonuses.  But the White House will name a “pay czar” to monitor bailed-out companies and will still push to revamp compensation practices in the financial industry.  School of Management Professor Fred […]

Battle over derivatives regulation

Trading in complex derivatives, financial instruments like credit default swaps, in large part sparked the current economic crisis.  Now the debate has shifted to how to regulate derivatives and where to trade them.  School of Law Professor Charles Whitehead, a securities law expert and long-time Citigroup counsel, can offer some guidance as to where the […]