All Commentary
Tuesday, March 23, 2010

Pay Czar Demands Compensation Info

“Kenneth Feinberg, the Treasury Department’s special master for compensation, will send a letter Tuesday requesting compensation data for as many as the top 25 executives at each of the 419 firms that received Troubled Asset Relief Program funds. The pay review will cover only a short window, but one that captures the 2008 end-of-year bonus season at most large firms.” (Wall Street Journal, Tuesday)

Dealing with the Devil usually only works out for the Devil.

FEE Timely Classic:
Economic Fascism” by Thomas Dilorenzo