The credit crisis of 2008 placed the compensation practices of publicly traded companies in the United States under scrutiny. This case examines the perceived excessive pay and severance benefits in several firms involved in the credit crisis of 2008, the executive compensation provisions of the Emergency Economic Stabilization Act, and discusses the implications for compensation committees of public companies. "Hide
on VG Narayanan, Fabrizio Ferri, Lisa Brem Source: Harvard Business School 26 pages. Publication Date: October 17, 2008. Prod. #: 109036-PDF-ENG