Friday, November 13th, 2009
Executive Pay: Not so Limited
In a follow-up to our last post, here’s today’s news:
Pay czar open to raising salary limits for new hires
November 13, 2009 – 12:01 am ET
WASHINGTON (Reuters) — Two days after GM Chairman Ed Whitacre said the government should loosen its restrictions on executive pay for bailed-out companies, the White House pay czar signaled his willingness to raise salary caps for new hires.
“Caps,” sure.
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