Thursday, September 07, 2006

Congress Is Urged to Hold Off Acting on Options and Pay

WASHINGTON, Sept. 6 — With an eye toward the coming midterm elections, two Senate committees asked top government officials on Wednesday whether there was more Congress could do to clean up the options backdating scandal and rein in soaring executive pay.
What they heard was that legislative action was only part of the solution — and that, for now, lawmakers should stay out of the way.

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