In F.D.I.C.’s Proposal, Incentive for Excessive Risk Remains
For more: http://nyti.ms/ejcH7v
The Federal Deposit Insurance Corporation has proposed rules for clawing back compensation paid to executives of “too big to fail” financial institutions that do, in fact, fail. The rules are disappointingly weak. And because they are watered down, bank executives may again be encouraged to take excessive risks.