March 23, 2012
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4:24Now PlayingOct. 22 (Bloomberg) -- John Coffee, a securities professor at Columbia Law School, talks with Bloobmerg's Mark Crumpton and Julie Hyman about the U.S. government's move to limit pay for executives at firms that got the most government aid.
President Barack Obama said the independent rulings by Kenneth Feinberg, the government's special master on executive compensation, are an "important step forward in curbing the influence of executive compensation on Wall Street while still allowing these companies to succeed and prosper." (Source: Bloomberg)
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