President Obama has imposed 500k cap on CEO executive pay. $500,000 cap would apply to those getting exceptional bailout assistance.... The cap the president has put on these CEOs might be a good thing; If they don't want to take the pay-cut let them step aside. It might give some lower level "unproven talent" a chance to shine by good example, and we could improve our CEO stock. But they might need some other sort of incentive; perhaps an income tax "holiday" lke Congress people seem to so often give themselves. And since $500k seems to be such a magic number, once they have gone into the private sector, Congress-people should likewise be obligated to a limit of 500k of annual income for any lobbying they do of their former colleagues. Wouldn't that be fair?