Gov't will Cut Executive Pay at Bailed Out Companies

This shouldn't have gotten to this point in the first place. The emphasis should have been on getting the money back with interest. If these banks and firms want to pay themselves ridiculous salaries go ahead. As long as we get repaid. But this government, is the pawn of big business. They will do that which is best for Wall St., not Main St.

in reference to:

"The White House's executive pay czar, Kenneth Feinberg, is expected to announce executive pay cuts at seven of the largest companies receiving significant federal bailout money – cuts that would slash top salaries by 90 percent, reports CBS News"
- TARP Watchdog: Execs Can't "Party on Like It's 2007" - Econwatch - CBS News (view on Google Sidewiki)