Pay For Performance Act of 2009 | Destroy All Salaries!
“An outrageous federal power grab”
The Obama administration has garnered some praise and faced significant heat for the way in which it has handled cash advance bailouts and faced down executive bonuses. I hope they’re prepared for citizen revolt and the necessity for martial law soon, however.
That’s what they’ll get [...]
AIG Hearing: Justice For the American Taxpayer?
AIG faces the crucible
Jane Hamsher reports for firedoglake that 20,000 signatures from readers of the finance blog have been presented to the House Financial Services Committee in time for the AIG hearing. Like millions of Americans, they’re outraged over the liberties AIG has taken with taxpayer bailout money for executive [...]
Google Gives Eye-Popping Executive Bonuses
Google-sized bonuses
President Obama caught a lot of people’s attention when he talked about the $500,000 salary cap for executives who work for companies that are being bailed out by the government. Netflix CEO Reed Hastings even went so far as to suggest that ANY CEO who makes $1 million or [...]
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