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A repository of random thoughts, odds and ends, and not-quite-fully-formed ideas.

More bad news

February
17

The Dow dropped another 300 points today, and no one believes the economy will be getting better any time soon.

And yet today, two blogs, Politico and TalkingPointsMemo, were reporting on efforts to overturn caps on executive pay.

Congress added language requiring top earners in companies receiving federal bailouts to receive no more than one-third of their compensation in the form of bonuses. Firms taking a half a billion dollars or more would have to apply the limits to their top 25 earners.

When is Wall Street going to understand the anger people feel?

This entry was posted on Tuesday, February 17th, 2009 at 8:33 pm by Noreen O'Donnell.
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2 Responses to “More bad news”

  1. Steve C.

    Thank you pres. Bush and your wag the dog war with the wrong evil doers.

  2. marina dog

    Gee Noreen maybe we should limited the Pay Writers and columnist get to say what your intern get.

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About the author
Noreen O'DonnellNoreen O'Donnell For the last 20 years, Noreen O'Donnell has written about Hillary Clinton's run for the Senate, rebuilding Ground Zero, the Korean immigrants who travel north each day from Queens to work in nail salons, deadly runaway fire trucks and other stories in Westchester and Putnam counties. Now she's a columnist.



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