http://finance.yahoo.com/news/Administr ... .html?.v=6
WHAT? Limit pay in the PRIVATE sector? That should SCARE everyone!The Obama administration is taking a half-step toward taming U.S. executive pay. Some lawmakers prefer a fuller stride.
Democrats on the House Financial Services Committee said Thursday the administration's efforts to hector the private sector into reining in executive pay might not go far enough.
The administration contends that excessive compensation contributed to the U.S. financial crisis, but rejects direct intervention in corporate pay decisions.
