Obama to cap executive pay
By Creature
"If the taxpayers are helping you, then you’ve got certain responsibilities to not be living high on the hog." -- President Obama
Hog-less [Bloomberg]:
Good. Now, if someone could school these executives on how not to bankrupt their companies we'd all be better off.
"If the taxpayers are helping you, then you’ve got certain responsibilities to not be living high on the hog." -- President Obama
Hog-less [Bloomberg]:
President Barack Obama will announce today that he’s imposing a cap of $500,000 on the compensation of top executives at companies that receive significant federal assistance in the future, responding to a public outcry over Wall Street excess.
Good. Now, if someone could school these executives on how not to bankrupt their companies we'd all be better off.
Labels: banks, financial crisis, President Barack Obama, TARP
0 Comments:
Post a Comment
<< Home