Wednesday, February 4, 2009

Obama Caps Executive Salaries for Bailed-Out Firms at $500G

President Obama announced strict limits on pay to executives of bailed-out financial firms Wednesday, slamming Wall Street top dogs as "shameful" for accepting billions in bonuses last year.
The new restrictions will cap pay for government-aided Wall Street executives at $500,000.

http://www.foxnews.com/politics/first100days/2009/02/03/obama-plans-cap-executive-pay-government-assisted-financial-institutions/

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