What’s Different About Today’s Government Deficit and Debt?
As of today, the U.S. government’s current deficit and debt are indeed currently at unprecedented levels for peacetime—once we account for them appropriately.
As they say, it's good to be a Bankster.
From the WSJ
the most stringent restrictions likely would affect only a few firms; others could avoid some of the curbs by putting extra pay to a shareholder vote.
Some said the plan doesn't limit total compensation, because it allows companies to boost awards of restricted stock.
the plan allows executives to claim restricted-stock awards once the company pays back the government, and doesn't require companies to tie those awards to operating results or share-price gains,
the $500,000 annual pay limit applies only to "senior executives."
"Now you're going to have executives ask not to be called a senior executive,"