Which of the following programs introduced by Congress includes restrictions on executive pay that are designed to discourage executives from taking "unnecessary and excessive risks"?
A)Corporate Welfare Program
B)Employee Welfare Program
C)Troubled Asset Relief Program
D)Corporate Liability Relief Program

Question

Quizplus · Accepted Answer

The program introduced by Congress that includes restrictions on executive pay designed to discourage executives from taking "unnecessary and excessive risks" is the Troubled Asset Relief Program (TARP). The TARP was created in response to the 2008 financial crisis and aimed to stabilize the economy by providing financial assistance to banks and other financial institutions. As part of the TARP, restrictions were placed on executive compensation, including a limit on cash salaries and restrictions on bonuses and "golden parachutes."

Which of the Following Programs Introduced by Congress Includes Restrictions