BofA, Wells Fargo, Citigroup Left TARP Early To Avoid Restrictions On Executive Pay: Report
September 30, 2011 @ 11:33 am
In the wake of the financial crisis, a number of the nation's largest banks were excused from the government's rescue program before they had returned to a position of complete financial security -- in part because they wanted to avoid restrictions on how much their executives would get paid, according to a new report from the program's government overseer.