Executive Pay Caps
Okay, so President Obama placed a $500K cap on salaries for any executive whose company received a bail-out.
Then, Wall Street execs began banging on their high chairs, claiming that in order for these companies to remain competitive, they needed for them to keep the executive bonuses intact.
Hmmm. . . .
Okay, that's like having a bus driver who drives his bus into a ditch. Then, says that in order to get his but out of the ditch, he'll require lots of monetary incentive to do so.
But all it shows is that he's a lousy bus driver and shouldn't have been behind the wheel.
Labels: Executive pay, President Obama
1 Comments:
Bank execs are like the teenagers, except they're fancy.
I'll do their job for HALF that...and I'll work from home.
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