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(Revised from original 2009 version)
Executive Pay and the Credit Crisis of 2008 (A)
The credit crisis of 2008 placed compensation practices at publicly traded firms in the United States under scrutiny. This case examines perceived excessive pay and severance packages at several firms implicated in the credit crisis of 2008, the executive compensation provisions in the Emergency Economic Stabilization Act, and discusses the implications for compensation committees at public companies.
Keywords: Financial Crisis;
Governing and Advisory Boards;