Originally Posted By: Irishman12
Obama Seeks to Cap Pay on Executives

I really applaud this move clap


So do I Irish!

The key point being :

"....to impose a $500,000 pay cap on executives whose firms receive government financial rescue funds, a dramatic intervention into corporate governance in the midst of financial crisis."

If this was just a blatant across the board cap on every and all executives, then I would be against it. But he's made, what in my opinion is, the right decision in capping the salaries / bonuses for executives who's companies are being bailed out with my tax dollars. As a matter of fact, under the current financial crisis that we are facing, that cap should be more like $200,000!

And if the company is being bailed out by my tax dollars due to the negligence of that company's executives, those executives should get ZERO, no pay, nothing. These blood sucking scumbags need to be held accountable!



Don Cardi cool

Five - ten years from now, they're gonna wish there was American Cosa Nostra. Five - ten years from now, they're gonna miss John Gotti.