Home » Forums » Current Events

White House Set to Appoint a Pay Czar

Submitted by newt on Fri, 06/05/2009 - 18:37
in
0 votes

White House Set to Appoint a Pay Czar

WASHINGTON -- The Obama administration plans to appoint a "Special Master for Compensation" to ensure that companies receiving federal bailout funds are abiding by executive-pay guidelines, according to people familiar with the matter.

The administration is expected to name Kenneth Feinberg, who oversaw the federal government's compensation fund for victims of the Sept. 11, 2001, terrorist attacks, to act as a pay czar for the Treasury Department, these people said. ....

http://online.wsj.com/article/SB124416737421887739.html

»

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

??!?!?!?!?!!

Submitted by jhanders on Fri, 06/05/2009 - 18:46.

The very fact that they use the word "Czar" tells you where this is headed. I mean really - Czar?! We might crumble like the USSR at this rate.

"Freedom on this Earth can only be found within oneself. All the power you'll need is inside - embedded within you."

-james

—

"Freedom on this Earth can only be found within oneself. All the power you'll need is inside - embedded within you."