Geithner: Not government role to limit executive pay

NEW DELHI, Nov. 8 (BestGrowthStock) – U.S. Treasury Secretary
Timothy Geithner said on Monday it is not the government’s role
to set levels of executive pay at companies, and said reforms
now in place will limit leverage across the financial sector.

He also said India will need further reforms in the
infrastructure and financial sectors to sustain its growth rate
at 8 or 9 percent.
(Reporting by David Lawder; Editing by Bryson Hull and Tony
Munroe)

Geithner: Not government role to limit executive pay