As the recession lingered on in 2009, the U.S. government has sought to limit executive pay and excessive risk. Debate has raged over what constitutes excessive risk and how best to mitigate it. This case describes the government restrictions on executive pay for TARP recipients, and delves into the debate on executive compensation and incentives that encourage excessive risk. "Hide
on VG Narayanan, Lisa Brem Source: Harvard Business School 13 pages. Publication Date: July 16, 2009. Prod. #: 110005-PDF-ENG
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