Obama to Work on Executive-Pay Limits After Industry Complaints

Bloomberg by Brian Faler, Ryan Donmoyer | Feb. 15, 2009 (News Report)

The Obama administration pledged to work with Congress on limiting executive pay at banks that get federal bailout money as critics said tough new restrictions in economic-stimulus legislation will prompt talented managers to leave.

The limits, championed by Senate Banking Committee Chairman Christopher Dodd, were tucked into the $787 billion fiscal stimulus bill approved Feb. 13 by Congress. President Barack Obama plans to sign the stimulus bill ... Full Story »

Posted by Leo Romero

More Info

Tags Help
Subjects: U.S., Politics, Business
Topics: U.S. Congress, Obama Administration, Finance
Editorial Help
Posted by: Posted by Leo Romero - Feb 15, 2009 - 8:36 AM PST
Reviewed by: Leo Romero (review)
Edit Lock: This story can be edited
Edited by: Leo Romero - Feb 15, 2009 - 8:36 AM PST
Related Comments: Obama Administration (3)

Reviews

Show All Comments
Show All | Notes | Comments | Quotes | Links
Leo Romero
3.0
 by Leo Romero - Feb. 15, 2009
Leo posted this story.
See Full Review » (1 answer)

Comments on this story Help (BETA)

Sort by: Oldest | Newest Hide All Replies
NT Rating | My Rating

Ratings

2.9

not enough reviews
from 1 review (10% confidence)
Popularity
2.9
Credibility
3.0
# Reviews
1.0
# Views
5.0
# Likes
1.0
# Emails
1.0
More
How our ratings work »
(See these related stories.)

Links Help

No links yet. Please review this story to add some!