"Responding to the growing furor over the paychecks of executives at companies that received billions of dollars in federal bailouts, the Obama administration will order the companies that received the most aid to deeply slash the compensation to their highest paid executives, an official involved in the decision said on Wednesday."
I was listening to Fresh Air yesterday and an author was saying how these execs consider themselves survivors for surviving their own screw ups. I am glad these guys are not getting their obscene bonuses that us tax payers were paying for. This is great news for Obama.