News in Brief The Executive Pay Cap That Backfired A while back, Congress voted to curb soaring compensation for corporate officers by limiting tax deductions. Here's how it went wrong. Allan Sloan
Economics How to Cap a Banker’s Bonus Europe gets it just about right by not strictly capping pay but regulating how the payout wends its way to a banker's pocket. Michael Scott Moore
Economics CEO Options Encourage Sautéing of the Books Efforts to align the boss and the shareholder prove difficult to master and sometimes create perverse results. Michael Haederle