Red Alert: Obama Pay Czar to Regulate Compensation


This is the kind of stuff that happens in Venezuela or Banana Republics...

In a one-two punch at the pay culture of banks and Wall Street firms blamed for the financial crisis, the U.S. government announced plans to aggressively regulate compensation at thousands of lenders and impose steep pay cuts at seven companies that received billions in federal aid.


Comments

Carter 2.0: Wage controls.

Posted by: Phelps at October 23, 2009 11:04 AM

STALIN,MAO.HITLER,CASTRO,OBAMA all liberals

Posted by: SPURWING PLOVER at November 2, 2009 2:31 AM

As a taxpayer, I feel in this case, it's perfectly justified. Look at some of the bonuses these execs were taking away, after WE bailed their mistakes out.

Posted by: Harley at November 23, 2009 8:47 PM
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