Can Obama Rein In Executive Pay?

The Obama administration has been embarrassed one too many times when companies that received billions of taxpayer bailout dollars then decide to pay out lavish bonuses to their executives. Now, the president is trying to get a handle on those payouts. Seven companies that are essentially on government life support today have to tell the Treasury Department's pay czar, Kenneth Feinberg how much they plan to pay their 25 top executives. "He's going to have unilateral authority to change the...Full Story
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