1. Executive pay clawbacks: Just a shareholder pacifier?

    August 16, 2012: 9:28 AM ET Like the prospect of criminal prosecution, clawbacks can seem less like a real threat and more like a sop to public clamor for tangible punishment. By Elizabeth G. Olson FORTUNE -- As much as the disgruntled investing public would like to see dodgy executives thrown in jail, they may have to settle for the slower, but still painful, method of letting corporate boards wrest cash and stock from the wrongdoers. Once a

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