Wednesday, February 4, 2009

Obama limits TARP banks' exectives' pay to $500k

Go Obama! He really is making some good moves (and some bad ones but this one is really good).

http://www.bloomberg.com/apps/news?pid=20601087&sid=aCE.mDV6muUs&refer=home

"Feb. 3 (Bloomberg) -- President Barack Obama will announce tomorrow that he’s imposing a cap of $500,000 on the compensation of top executives at companies that receive federal rescue funds, an administration official said. "

No comments:

Post a Comment