Stay Away From Our Pay, Private Equity Tells Washington - NYTimes.com

Stay Away From Our Pay, Private Equity Tells Washington - NYTimes.com: "private equity council" vs. Financial Stability Oversight Council vs. Too big to fail .

The potential crackdown on executive compensation also troubles the private equity industry. The new proposal would for the first time require firms with more than $1 billion to file detailed accounts of their incentive-based compensation with the S.E.C., which could then ban any awards it finds “excessive.” Financial firms that have $50 billion or more in assets would have to defer half of their executive bonuses for three years.