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Reining Reckless Pay

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Uploaded by on Dec 10, 2009

President Obama's "pay czar," Ken Feinberg, will be presenting a new set of pay restrictions to rein in executive compensation at companies that received bailout money. Anthony Mason reports.

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  • If they truly lock in the pay then everything else should also be locked into that pay limit. So from everything he gets,gifts,stock options and whatever else it should not add up to what ever impposed limit. Of course I could see them getting around this via loophole by working a second job under some different title.

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