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Old 02-04-2009, 10:44 AM
Magic_Mikki's Avatar
Magic_Mikki
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Join Date: Jan 2008
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Default Salary Caps for Executives

http://news.yahoo.com/s/ap/20090204/..._executive_pay

What do you all think about the salary cap that Obama put on the executives of the companies that took a bailout? Do you think it is too high? Too low?

I don't really know much about it, I guess. I don't know what to compare it to. What were their salaries before? I mean, if my company was thisclose to bankrupty and I had to have Uncle Sam bail me out, I think I would be pretty happy with 500K!! But I don't know how they were doing before. I do rememeber one guy from one of the companies that apparently had a $1/year salary (ohh all bow down to thou generous one) but then his annual bonus was millions! @ss.

Anywho, what do you guys think?
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