Fingon Posted June 11, 2009 Posted June 11, 2009 WASHINGTON (AP) -- The Obama administration says executive compensation must be better managed to prevent the sort of risk-taking that jeopardizes the economy. Gene Sperling, who advises Treasury Secretary Timothy Geithner, said Thursday the administration does not want to impose caps on executive pay. But he also laid out for the House Financial Services Committee a list of guidelines calling on publicly-held companies to link compensation to long-term performance, not short-term gains. Sperling said in prepared testimony that the administration believes compensation practices "must be better aligned with long-term value and prudent risk management at all firms, and not just for the financial services industry." http://finance.yahoo.com/news/Administrati...00519.html?.v=6
Dwight Drane Posted June 11, 2009 Posted June 11, 2009 Let's have a party! You bring the hammer.....I'll bring the sickle.
Lemur King Posted June 11, 2009 Posted June 11, 2009 Let's have a party! You bring the hammer.....I'll bring the sickle. Ha. For those of us who can find happiness in family and the 8 year old Toyota, we'll be OK.
Alaska Darin Posted June 11, 2009 Posted June 11, 2009 How about "reign in government spending and stop treating the Constitution like it doesn't exist". Never mind.
KD in CA Posted June 11, 2009 Posted June 11, 2009 Ha. For those of us who can find happiness in family and the 8 year old Toyota, we'll be OK. In other words, "I'm too stupid to ever make more than $50k a year, so who cares if the government continues to infringe on individual rights?" The ignorance continues.
KD in CA Posted June 11, 2009 Posted June 11, 2009 How about "reign in government spending and stop treating the Constitution like it doesn't exist". Sorry. Lifetime appointments to the Senate, paid for by interests who in turn are repaid by those Senators granting tens of millions in government contracts doesn't count as 'executive pay'.
Recommended Posts