“US President Barack Obama is poised to reveal details of new rules limiting executive pay to $500,000 a year for firms getting a US taxpayer bail-out.” (BBC News, Wednesday)
Maybe if they pile on enough rules, firms won’t take the money.
FEE Timely Classic
“Regulation” by John A. Pugsley
Wednesday, February 4, 2009
Bailed-Out Firms to Face Ceiling on Compensation
