Cash in while you can, CEOs: executive pay reform is coming…
While executives at AIG and other bailed-out financial firms continued to receive lavish bonuses, President Obama and members of Congress promised that action to cap executive pay was coming. That day appears near: details were leaked today on the plan soon to be put forward by the Obama “pay czar” that would limit cash compensation and move the rest into stock options, which couldn’t be touched for at least five years. Can the plan really control executive pay, and is it too much government intrusion?
While executives at AIG and other bailed-out financial firms continued to receive lavish bonuses, President Obama and members of Congress promised that action to cap executive pay was coming. That day appears near: details were leaked today on the plan soon to be put forward by the Obama “pay czar” that would limit cash compensation and move the rest into stock options, which couldn’t be touched for at least five years. Can the plan really control executive pay, and is it too much government intrusion?
Guests:
Deborah Solomon, reporter for the Wall St. Journal who broke the story this morning on the executive compensation plan
William Black, associate professor of economics & law at the University of Missouri, Kansas City; former chief counsel at the Office of Thrift Supervision
J.W. Verret, assistant professor of law at George Mason University; senior scholar at the Mercatus Center Working Group on Financial Markets
- Patt Morrison for October 6, 2009
- Where's that public option?
- Complain at your own risk: employer retaliation on the rise
- Cash in while you can, CEOs: executive pay reform is coming…
- October baseball in SoCal—catch it!
- The eye of the beholder
Also on this episode
Events
Comedy Congress Live
Wednesday, February 29, 2012
7:30 p.m.
- 9 p.m.
The comedic material emanating from Washington D.C., and state capitols across the country, is enough to make any sitcom writer jealous, even if most of that comedy is unintentional. Our motto on Comedy Congress is that just when politics makes you want to cry, it’s usually best to laugh.
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