Obama With New Structuring Of CEO Pay Plan
Obama With New Structuring Of CEO Pay Plan
http://www.cnbc.com/id/28969219
The Obama administration is no longer busy with the finalizing of the much awaited ‘bad bank’ idea. They have a new and more urgent matter at hand. Before anything else, they need to suitably address the issue of Wall Street bonuses and executive compensation. This issue is expected to be addressed through the government’s TARP plan. The people too are eagerly looking forward to the Congress treating the matter seriously. Legislation is expected to cap executive compensation. And why not? On one hand, you want government aid to survive and on the other hand, you take home million-dollar bonuses? Shame on you!
