Saturday, March 21, 2009

Administration Seeks Increase in Oversight of Executive Pay - NYTimes.com

I am shocked, shocked I tell you.  They even intend to regulate normal, everyday companies not associated with bailouts at all??  Why the nerve!!  (is anyone surprised by this??  anyone??)

Administration Seeks Increase in Oversight of Executive Pay

By STEPHEN LABATON

Published: March 21, 2009

WASHINGTON — The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.

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