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Executive compensation bill [US House Financial Services Comm.] News
Executive compensation bill [US House Financial Services Comm.]
July 28, 2009 01:47:00 pm

Corporate and Financial Institution Compensation Fairness Act, US House Committee on Financial Services, July 28, 2009 [restricting the ways in which executives for publicly-traded companies can be compensated].

Reported in JURIST's Paper Chase here. Latest commentary available here.

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THIS DAY @ LAW

US Congress passed Gulf of Tonkin resolution

On August 7, 1964, in response to an alleged North Vietnamese attack on the USS Maddox three days earlier, the US Congress passed the Gulf of Tonkin Resolution, approving and supporting "the determination of the President, as Commander in Chief, to take all necessary measures to repel any armed attack against the forces of the United States and to prevent further aggression." The resolution marked a major escalation in the US role in the Vietnam war.

Review the text of the resolution and President Johnson's message to Congress.

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