The Obama administration plans to appoint a “Special Master for Compensation” to ensure that companies receiving federal bailout funds are abiding by executive-pay guidelines, according to people familiar with the matter.
The administration is expected to name Kenneth Feinberg, who oversaw the federal government’s compensation fund for victims of the Sept. 11, 2001, terrorist attacks, to act as a pay czar for the Treasury Department, these people said.
I’m guessing that the first thing coming down from this office will be that any company directly or indirectly doing business with a TARP/Bailout receiving company will have their entire payroll base regulated.
The next step will be with all account-holders of the banks/companies receiving TARP/Bailout money, saying their compansation from whatever companies they work for or own will be regulated, along with the companies they transact business with as well.
No….. I’m not being snarky or trying to be funny either.
Kenneth L Solomon
Typical, Bitter, Jewish, God-Clinging, Gun Owner and Barking Mad Insane NASCAR Fan.
Per DHS findings, that officially makes me a Right-Wing Extremist…… and I’M DAMN PROUD OF IT !!
Obama doesn’t have a soul or conscience. He’s powered by an engine fueled with burning pieces of The Constitution, The Bill Of Rights and YOUR freedom.