Pay Czar Unsure He Can Bridge Gap Between Wall...

Pay Czar Unsure He Can Bridge Gap Between Wall St & Main St

The Obama administration's pay czar Kenneth Feinberg today said that he may not be able to resolve the "incredible gap" between Wall Street's and Main Street's views on appropriate executive compensation.

You can view the entire news article at Pay Czar

Just thought this was an interesting news item from ABC. The business industry just never ceases to amaze me.

Any thoughts?

Comments: 16

Dianna Doles-Petry Oct 21, 2009, 12:06am EDT

This is interesting, indeed. Sometimes I think they are speeding ahead just waiting to figure out if they are going in the right direction.

Elizabeth R. Oct 21, 2009, 7:30am EDT

That is one thought, Dianna. Sure is frustrating, though.

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Kushal Poddar Oct 21, 2009, 8:16am EDT

An interesting side shown here.

ruby love and red pearls

Elizabeth R. Oct 21, 2009, 1:31pm EDT

For sure, Kushal.

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Johnice R. Oct 21, 2009, 10:31am EDT

I still think that the outcome of the efforts of POTUS 44 and his team of many will surface down the road and shock the GOP's ugliness right off their Bibles. Now I do not think he will magically reform the Right to be loving and empathetic, to be straight for the people and not bis business and their individual interests. I do believe however; that in time this Nation will surpass the prosperity we have previously known.

Only the most ignorant will remain afraid!

Elizabeth R. Oct 21, 2009, 1:33pm EDT

I agree with you, Johnice, and I truly hope this is the situation.

"The only thing to fear is fear itself." Winston Churchill (I think)

We simply have to overcome the fear mongers.

Johnice R. Oct 21, 2009, 6:31pm EDT

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Risa G. Oct 23, 2009, 11:09am EDT

He can't magically cure the whole problem. No one can. They have to stop these idiot CEO's from getting these huge amounts of money and put the $ back into the company. They have to stop being capitalistic pigs. I hope that Obama can get them to slash the checks and the bonuses. This year my hubby's company said they weren't giving out bonuses and yet the CEO gets the usual humongous bonus and pay check.

♥♥LoViNg♥LiFe♥ ♥♥ Oct 28, 2009, 3:45pm EDT

Because theya re selfish pigs and they don't want to have to do with out.
Better to take from the "lowly workers" than to dare take from their families.
Makes me angry.