Results 1 to 10 of 24
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02-04-2009, 12:03 PM #1
Holy Cow...Obama does something I agree with!!
Key Obama officials reveal executive pay limits
Executives of companies receiving federal bailout money will have their pay capped at $500,000 under a financial compensation plan that President Barack Obama is expected to announce Wednesday, two senior administration officials said...
...Under the president's plan, companies that want to pay their executives more than $500,000 will have to do so through stocks that cannot be sold until the companies pay back the money they borrow from the government, according to administration officials.
I'm speechless...
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02-04-2009, 01:59 PM #2
I was happy when I read this also!
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02-04-2009, 02:09 PM #3
A very smart move by President Obama.
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02-04-2009, 02:34 PM #4
It's about time ....
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02-04-2009, 02:36 PM #5
Very good move to protect the governments money
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02-04-2009, 04:28 PM #6
Now he just needs to do something about these uberconglomerates paying their outgoing CEOs more than the entire continent of Africa is worth in severance packages.
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02-04-2009, 04:46 PM #7
It should have been done long ago....
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02-04-2009, 04:50 PM #8
see what happens when you actually give someone a chance??
duwal
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02-04-2009, 04:58 PM #9
see what happens when you actually give someone a chance??
duwal
They get one thing right out of many?
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02-04-2009, 05:22 PM #10
in their 1st first weeks in charge. There's going to be a transition period
duwal
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Originally Posted by OnePimpTiger 
