MeltDown #57 EMERGENCY ECONOMIC STABILIZATION

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H.R. 1424 Emergency Economic Stabilization Act of 2008 http://thomas.loc.gov/cgi-bin/query/C?c110:./temp/~c110JIik9X criteria that are later proven to be materially inaccurate; and (C) a prohibition on the financial institution making any golden parachute payment to its senior executive officer during the period that the Secretary holds an equity or debt position in the financial institution. (3) DEFINITION- For purposes of this section, the term `senior executive officer' means an individual who is one of the top 5 highly paid executives of a public company, whose compensation is required to be disclosed pursuant to the Securities Exchange Act of 1934, and any regulations issued thereunder, and non-public company counterparts. (c) Auction Purchases-

Category: News
Uploaded: October 15th, 2008 @ 8:48 pm
Author: h4ck3rm1k3

Length: 00:44
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Tags: act bailout bill economy of rights

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