Treasury Department TARP Guidelines Target Meetings

The Treasury Department has released new guidelines on executive compensation and other expenditures—including provisions related to meetings and travel—for companies participating in the Troubled Asset Relief Program, the name given to the $700 billion government bailout program devised by the Bush Administration last fall. According to The Wall Street Journal, as of February 4 there were 362 firms—mostly banks and other financial services companies—participating in the program.