Tuesday, March 23, 2010

Exec Pay Limits Not the End of the World As We Know It

I wonder what the spin on this NY Times article will be?  Execs didn't leave big corporations that took bailout money and therefore had limit exec compensation.

I would swear on a stack of Bibles (which I do have) or $100 dollar bills (which I don't have but would use if I did) that the the people opposing caps on executive pay claimed that all of those companies would lose their best people and that there would be weeping and wailing and gnashing of teeth along.  I think they also promised the possibility of 7 scenarios of nuclear holocaust, but I could be wrong.  That was probably an AIG ad.

If I had to guess, the spin will be the NY Times is liberal and hates money because it says "In God We Trust."

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