AllieBaba
Rookie
- Oct 2, 2007
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"The Obama administration struck a delicate balance on executive pay Thursday, blaming flawed compensation packages for encouraging disastrous risk-taking but insisting it doesn't want to dictate how corporations reward their top people...
"I can say with certainty that nobody in the Obama administration is proposing such a thing," he said.
"Yet, at the same time, he and officials with the Federal Reserve and the Securities and Exchange Commission laid out a case for how payment structures rewarded short-term gains at the expense of long-term performance and contributed to the nation's financial crisis."
Administration, Congress seek to rein in exec pay - Yahoo! Finance
Tell me Obama isn't doing exactly what Chavez is doing in Venezuela...
Chavez targets and seizes companies that make a profit....
"I can say with certainty that nobody in the Obama administration is proposing such a thing," he said.
"Yet, at the same time, he and officials with the Federal Reserve and the Securities and Exchange Commission laid out a case for how payment structures rewarded short-term gains at the expense of long-term performance and contributed to the nation's financial crisis."
Administration, Congress seek to rein in exec pay - Yahoo! Finance
Tell me Obama isn't doing exactly what Chavez is doing in Venezuela...
Chavez targets and seizes companies that make a profit....