Wall Street Bailout Could Crimp CEO Pay

As Congress and the Bush Administration negotiate over the terms of a financial rescue bill, Democrats on Capitol Hill are drafting language designed to rein in executive compensation, in particular controversial severance packages at foundering companies. And for politicians concerned about the growing backlash on Main Street over what many see as a bailout of Wall Street fat cats, executive pay is a ripe target. After all, average total pay for a CEO at ... Full Story »

Posted by Jennifer Liberto

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Jennifer Liberto
4.6
by Jennifer Liberto - Oct. 1, 2008

The story cuts through the rhetoric coming in from politiicians about cracking down on excessive corporate salaries and reveals how difficult it would be to do.

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4.6

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4.7
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