H. D. Vinod Professor of Economics and Director of Fordham Institute of Ethics and Economic Policy Fordham University, Bronx, ny 10458


) Eligibility of a Financial Institution with Limits on Top Salaries



Download 37.5 Kb.
Page2/6
Date24.04.2021
Size37.5 Kb.
1   2   3   4   5   6
1) Eligibility of a Financial Institution with Limits on Top Salaries.

Section 1(a) makes `any financial institution having its headquarters in the United States' eligible to sell assets to the taxpayers. This section should be amended to insert the provision that: The salary and compensation of any member of the management team of the eligible financial institution cannot exceed the salary (excluding compensation) of the President of United States. This restriction is reasonable and should remain in force until all assets taken over during the bailout are sold. This will create the right incentive to quickly remove the non-performing assets from the books of US treasury.



Directory: economics
economics -> Chapter 21 Hlstorical sketch of mexican development to 1950
economics -> By Alan S. Blinder For more than two centuries economists have steadfastly promoted free trade among nations as the best trade policy
economics -> Trade model extensions and applications synopsis of chapter content
economics -> Imperial Balance Sheets Revisited: African Empires of France and Britain, 1900-1960
economics -> Imf programs, financial and real sector performance, and the asian crisis
economics -> History of Economics Review, No. 31, Winter, 2000 adam smith and the theory of value: Chapter Six Considered
economics -> Theories and approaches to development
economics -> 2. Prepositional Verbs in the Passive Voice The Emphatic Construction β€œit is … that (who, which)
economics -> As economics – Induction task (hand in date: Weds 2nd September) Karl Marx (1818–1883)


Share with your friends:
1   2   3   4   5   6




The database is protected by copyright ©www.essaydocs.org 2020
send message

    Main page