Automakers face sharp curb on executive pay under Obama rule - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 6 Old 02-04-2009, 04:00 PM Thread Starter
 
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Automakers face sharp curb on executive pay under Obama rule

WASHINGTON -- Automakers seeking help from the U.S. government will have to abide by a $500,000 cap on pay for top executives and other tough rules, the U.S. Treasury said today.

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post #2 of 6 Old 02-04-2009, 04:07 PM
 
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Thats great but why can they not regulate the banks in the same matter? Is it because their pockets are lined with something extra, just a thought.
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post #3 of 6 Old 02-04-2009, 04:31 PM
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Now we should cut elected official pay as well!

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post #4 of 6 Old 02-04-2009, 04:42 PM
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only GM is excluded from this, because they are releasing the camaro this year and who's ever idea it was to make the camaro will get unlimited bonuses

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post #5 of 6 Old 02-04-2009, 04:53 PM
 
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These "Politicians" (in the worst possible meaning) should take the SH*T their shovelin and apply it to themselves. By all accounts, they shouldn't get paid a penny based on their performance.
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post #6 of 6 Old 02-04-2009, 05:51 PM
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Quote:
Originally Posted by Wolvescp View Post
These "Politicians" (in the worst possible meaning) should take the SH*T their shovelin and apply it to themselves. By all accounts, they shouldn't get paid a penny based on their performance.
They complain about budget deficits in their area (like the official that was elected in ky) and cut back education and the like..but never touch their own paycheck.



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