Quote:Do you mean, like ours in the USA? I saw today that the Obama pay Czar is extending his power to set pay to *any* corporation (regardless of TARP) that is subject to regulation by the federal government.A quick look at google news from yesterday seems to imply the opposite - this only affects those firms taking bailout money.
The quote:
Quote:But he stressed that he did not seek to expand the limits beyond the seven firms.Where did you hear otherwise?
"It's not a good idea for the United States government to start micro-managing compensation practices at American businesses," he said.
"But that's not this case. These are... seven specific companies that are, in effect, owned by the taxpayers of the United States."
-Jester
Afterthought: Additional hilarity - looters and moochers who took government bailout money now throwing Randian tantrum. Way to try and have it both ways, execs! Live on the public dime... until you have to put those dimes towards someone other than yourselves. Then throw a fit about how unfair government interference is.