A Comment About

Should We Really Cap Executive Salaries at Bailed-Out Companies?

February 5, 2009 - 12:44 am - by Laura Goldman
Jarhead91
2009-02-05 11:52:13

Blackwell,

I would be tempted to agree if the banks were choosing to take bailout money. Many were forced to take it even with a stable Balance Sheet.

http://www.iht.com/articles/2008/10/31/business/31plan.php

Check out the middle of the article where Treasury officials promised only limited restrictions on executive bonuses and compensation.

Sounds like a bait and switch to me.