Originally Posted By: Husker Fan
Eric:

It seems to me that the boards of these stressed companies had their opportunity to tighten the screws on these excessive salaries and bonuses. These boards of directors did not take that opportunity when it might have made a difference in their company's results. Now these financially stressed companies basically have to come to the government for financial help. I think the government is definitely within its rights to put terms to their financial assistance to these stressed companies that include restictions on excessive executive pay and bonuses until the money has been paid back.


I tend to agree here, if wanting govt. money for a bail out, then there needs to be govt. regs to that money. The problem is, the govt. has its hands in far more than many realize.