Congress has just flexed their regulatory muscles to rein in executive compensation. This is a feel-good class warfare story in which they can count on most of their constituents to agree that $500K per year is enough for anyone. But, has Congress looked in the mirror lately? Yes, a case…
The video below from Dick Morris discusses some of the concessions that were made at the G20 last week. This process started in the spring, when the banking crisis was at its height, with talks about limiting executive compensation, and has continued to more concrete resolutions. The Administration seems completely…
