March 9, 2009

AN AMUSING CHRIS DODD THROWAWAY LINE: “Two compensation caps are in effect. In one, the Obama Administration is by regulation limiting executive pay to $500,000 a year at 421 bailed-out firms until the government’s money is repaid. The other is a provision inserted into the $787 billion stimulus bill by congressional Democrats led by Chris Dodd, the Connecticut senator with the somewhat ethical Countrywide mortgage.”


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