A new law was passed that prohibits cash bonuses and other incentives for the five most-senior officers and the 20 highest-paid executives at companies that have received funds under the:

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A new law was passed that prohibits cash bonuses and other incentives for the five most-senior officers and the 20 highest-paid executives at companies that have received funds under the Troubled Asset Relief Program (TARP). The bill further stipulates that any bonuses given out by these companies would have to be in the form of long-term incentives, such as restricted stock, and that the incentives cannot be cashed out until all the TARP money has been repaid.

A New Law Was Passed That Prohibits Cash Bonuses and Other