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Banks have used these compensation limits as a model - albeit less than many people wanted.
And the details of rookie compensation limits have yet to be agreed upon.
But the victims' compensation limits in the Senate bill are too small to justify closing out the right to sue.
"Executives at failed companies that come to the taxpayers with tin cup in hand must be subject to compensation limits.
The Washington Post first reported on its Web site Monday that Chrysler Financial executives rejected compensation limits that would have been tied to a new loan.
Once G.M. pays its outstanding loans, it is unclear whether the company will still have to abide by compensation limits for its executives.
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The commission wants the compensation limit raised to $7,000.
Customers will also have the security of the £50,000 compensation limit.
"The West Brom has never intended to entice savers to go above the scheme's compensation limit," it said.
It added: "With only the lower compensation limit in place, pensioners could potentially be placed in financial difficulty with little or no chance to replenish their savings.
The European Union today agreed to increase the compensation limit for EU countries to 50,000 euro (£38,900), but it is not yet clear if the higher limit would also include Iceland.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com