What a great idea! That should cut down on the number of companies participating. BTW, I see nothing wrong with the government setting terms for participation. If you take taxpayer’s money, then lawmakers have every right to set the terms.

“I notice at Lehman … some $2.5 billion in compensation,” McCain said. “If they’re bankrupt, where did they get that? But the major point is that no CEO of any corporation or business that is bailed out by us, that is rescued by American tax dollars, should receive any more than the highest paid person in the federal government.”
The highest paid person in the government is the president, who makes $400,000 a year, just under twice as much as the House Speaker and the Chief Justice.

More from Beliefnet and our partners
Close Ad