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James Murdoch also now admits that he misled the committee when he claimed that a payout made to a victim of phone hacking had not been influenced by a desire to keep details of the settlement confidential.
The payout made Mr. Stronach the highest-paid executive of a public company in Canada, and several other institutional shareholders have indicated that they would line up behind the teachers' fund in casting their votes.
The investment bank took a $3.6bn charge on its $9.5bn settlement with the Federal Housing Finance Agency – the largest payout made to a regulator over misleading mortgage sales tactics in the run-up to the financial crisis.
The trust's payout, made monthly, is 9% per year.
Typically, after purchasing a home and paying for college, it is the biggest payout made by most American families.
It has its own direct settlement in the case and is not part of the payout made by 3taps.
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Eking out a quarter- or half-point of extra yield may not sound like much, but this additional payout makes a difference over time.
That payout makes the AIG reward for failure look like a tip at McDonalds.
New restrictions on executive compensation and dividend payouts made such aid less palatable to bank managers.
The payouts made the company the seventh-biggest recipient of campaign expenditures by the committee, according to an analysis by the Center for Responsive Politics.
And when reducing the latter, focus the benefits on those with lower incomes; a career-average DB benefit will be fine for the poor while reducing the monster payouts made to a few at the top.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com