PC360 brings our readers the top quotes from major industry players for the week of May 28. Legislators and industry leaders comment on the 60-day NFIP extension, a new bill to bar insurance policies from covering executives found liable for actions harming their companies, Facebook's IPO, and more.
Rep. Barney Frank, D-Mass., commenting on a bill he introduced that would bar financial firm officials who are found liable for actions harming their companies from purchasing insurance to cover the cost of the penalties imposed:
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