Current Events — HabitableZone

Current Events » in reply to "Financial lobbyists urge speed on bailout"

And limiting bonuses for CEOs of distressed companies derided as Ds "pet items".

"The Democrats also wanted to require companies that unloaded their devalued assets on the government to limit executive pay packages. Under the proposed change, financial institutions also would have to agree to revoke any bonuses awarded to executives that were based on bogus claims of rosy financial health.

“We are ... disappointed that some legislators have decided this is an opportunity to tack on their favorite pet items,” Courson’s statement added."

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