There will be a lot of big shots at these companies who will change their job titles so that they are not "senior executives", take more awards in restricted stock, give people cushy deferred comp packages, or create subsidiaries to run so that they make more than $500K, but are not strictly speaking an officer of the company receiving bailout funds.

Carl Icahn believes that the executive pay restrictions are a stopgap measure and that what needs to occur is greater shareholder democracy. He wants to restore the primacy of ownership over management.

http://online.wsj.com/article/SB123396742337359087.html


"When the snows fall and the white winds blow, the lone wolf dies but the pack survives."
Winter is Coming

Now this is the Law of the Jungleā€”as old and as true as the sky; And the wolf that shall keep it may prosper, but the wolf that shall break it must die.
As the creeper that girdles the tree-trunk, the Law runneth forward and back; For the strength of the Pack is the Wolf, and the strength of the Wolf is the Pack.