[lbo-talk] NYT: U.S. Plans to Curb Executive Pay for Bailout Recipients

[Sheldon Baker]

> WASHINGTON — The Obama administration is expected to impose a cap of
> $500,000 for top executives at companies that receive large amounts of
> bailout money, according to people familiar with the plan.
>

If that is a painful cap on a salary, I sure would like to experience
some of that pain.  My thinking is along the lines of John Gulick.  I
mean seriously, what kind of "labor" would create a base salary like
that?  Sickening.