US government seeks to rein in executive pay

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US government seeks to rein in executive pay

Postby scottm » Thu Jun 11, 2009 12:30 pm

US government seeks to rein in executive pay
http://finance.yahoo.com/news/Administr ... .html?.v=6

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.


WHAT? Limit pay in the PRIVATE sector? That should SCARE everyone! :evil:
Scott Moseman
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Re: US government seeks to rein in executive pay

Postby mart » Fri Jun 12, 2009 1:34 am

scottm wrote:US government seeks to rein in executive pay

WHAT? Limit pay in the PRIVATE sector? That should SCARE
everyone! :evil:

--------------------------
Well they did it auto-workers first and nobody complained.
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Re: US government seeks to rein in executive pay

Postby scottm » Sat Jun 13, 2009 2:24 pm

mart wrote:Well they did it auto-workers first and nobody complained.


People (the media?) can't seem to look through his celebrity appeal
to see what he's REALLY doing to our country. I wish the USA well.
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