SocraticGadfly: Team Obama still fighting CEO pay limits

February 15, 2009

Team Obama still fighting CEO pay limits

Why? Why would the Obama Administration continue to oppose the executive pay limits for TARP-receiving financial companies, the limits put in the economic stimulus bill? Why would Team Obama members oppose them to a degree that sounds Bush-like, saying that Obama will find a way to get the limits out, as though he were going to have his first presidential signing statement?

After the tax-related gaffes over Daschle, etc., and what should have been one over Geithner, you’d think Team Obama would have a better ear for public opinion on this issue.

No comments: