On Mar 21, 2009, at 11:31 AM, Kevin Callahan wrote:

>
> http://www.motherjones.com/politics/2009/03/geithner-aide-fought-ceo-pay-reform
>
> As a Goldman Sachs lobbyist, Mark Patterson once worked against a  
> bill to curb executive compensation. The legislation's sponsor:  
> Barack Obama.
> —By David Corn and Jonathan Stein

and now.

<http://www.nytimes.com/2009/03/22/us/politics/22regulate.html>

"The new rules will cover all financial institutions, including those  
not now covered by any pay rules because they are not receiving  
federal bailout money. Officials say the rules could also be applied  
more broadly to publicly traded companies, which already report about  
some executive pay practices to the Securities and Exchange Commission."


IF they try to take this to any publicly traded company EVEN if they  
are taking no bailout money
then I have a big problem with it.

=c=

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