{"id":3503,"date":"2009-10-22T17:29:26","date_gmt":"2009-10-22T21:29:26","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=3503"},"modified":"2011-02-24T14:49:46","modified_gmt":"2011-02-24T19:49:46","slug":"government-hits-bank-pay","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2009\/10\/22\/government-hits-bank-pay\/","title":{"rendered":"Government hits bank pay"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignright size-full wp-image-3584\" src=\"http:\/\/blogs-devl.bu.edu\/bunow\/files\/2009\/10\/feinberg.jpg\" alt=\"\" width=\"262\" height=\"394\" srcset=\"https:\/\/blogs-devl.bu.edu\/bunow\/files\/2009\/10\/feinberg.jpg 262w, https:\/\/blogs-devl.bu.edu\/bunow\/files\/2009\/10\/feinberg-199x300.jpg 199w\" sizes=\"(max-width: 262px) 100vw, 262px\" \/>In unprecedented <a title=\"moves\" href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2009\/10\/22\/AR2009102202670.html?hpid=topnews\" target=\"_blank\">moves<\/a>, President Obama&#8217;s &#8220;pay czar&#8221; has put restrictions on compensation for top earners at the 7 biggest recipients of taxpayer bailout funds, while the Federal Reserve issued new guidelines to restrict pay practices at all banks to prevent excessive risk taking.\u00a0 School of Management Professor <a title=\"James Post\" href=\"http:\/\/smgnet.bu.edu\/mgmt_new\/profiles\/PostJames.html\" target=\"_blank\">James Post<\/a>, an\u00a0expert on corporate governance and business ethics, says the times are a-changin&#8217;.<\/p>\n<p><em>&#8220;We are in a new era of financial reform and it\u2019s clear that Wall Street\u2019s \u2018heads I win, tails I don\u2019t lose\u2019 mindset is going to be challenged by the White House, the pay czar, and ordinary Americans.&#8221;<\/em><\/p>\n<p>Contact James Post, 617-353-4162, <a href=\"mailto:jepost@bu.edu\">jepost@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In unprecedented moves, President Obama&#8217;s &#8220;pay czar&#8221; has put restrictions on compensation for top earners at the 7 biggest recipients of taxpayer bailout funds, while the Federal Reserve issued new guidelines to restrict pay practices at all banks to prevent excessive risk taking.\u00a0 School of Management Professor James Post, an\u00a0expert on corporate governance and business [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4491,1],"tags":[577,77,75,1173,917],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/3503"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=3503"}],"version-history":[{"count":6,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/3503\/revisions"}],"predecessor-version":[{"id":8392,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/3503\/revisions\/8392"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=3503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=3503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=3503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}