During the recent financial crisis,the U.S.government,as part of the ________,decided it was appropriate to further regulate executive pay in firms receiving government "bailout" money.
A)NCUA Corporate Stabilization Program
B)Troubled Asset Relief Program (TARP)
C)Public-Private Investment Program
D)Lilly Ledbetter Fair Pay Act
E)Emergency Economic Stabilization Act

Question

Quizplus · Accepted Answer

The Troubled Asset Relief Program (TARP) was enacted by the U.S. government in response to the 2008 financial crisis. As part of the program, the government provided bailout funds to financial institutions that were deemed "too big to fail." In order to regulate the executive pay of these firms, the government included restrictions and guidelines on executive compensation as a condition of receiving TARP funding. These regulations aimed to prevent excessive risk-taking and ensure that executives were held accountable for their actions during the crisis.

During the Recent Financial Crisis,the U