After Losses, a Move to Reclaim Executive Paychecks - NYTimes.com

This will almost assuredly not happen, but it would the kind of ex-post settlement that we keep mentioning in class.

After Losses, a Move to Reclaim Executive Paychecks - NYTimes.com:

"...now, with a public backlash against excessive pay and taxpayer lifelines extended to crippled companies, the idea of recouping compensation, known as “clawback,” is gaining traction.

Currently there is no legal mechanism for forcing the regurgitation of past pay, so such efforts would need to be bolstered by new legislation. Clawbacks also promise to be a hot-button issue at shareholder meetings in coming months."