Executive pay limits don't make it into stimulus legislation

By SilentPatriot Friday Feb 13, 2009 5:14am

I really have no problem with executives getting bonuses when they do a good job. But when they apply for government assistance, by definition they aren't perfoming up to standards that merit extra pay. It's really not a tough concept to understand, but apparently it's over the heads of our elected representatives.

Washington Post:
Congressional efforts to impose stringent restrictions on executive compensation appeared to be evaporating yesterday as House and Senate negotiators worked to fine-tune the compromise stimulus bill.

Read on...

No comments: