“I don’t think our government should set caps on compensation,” Geithner said in an appearance at the National Press Club today in Washington. Instead, the government should lay out constraints on the incentives provided by compensation plans, so that executives aren’t paid to take excessive short- term risk, he said.

You tell ‘em, Safecracker!
Geithner Says Government Shouldn’t Cap Executive Compensation [Bloomberg]

Comments (7)

  1. Posted by guest | May 18, 2009 at 1:48 PM

    I stopped reading after “I don’t think…”

  2. Posted by Anal_yst | May 18, 2009 at 1:51 PM

    @1 hahaha
    Also, in practice, wtf is the difference between Fwankth’s “Caps” and Safecracker’s “Constraints”?
    You say tomato…

  3. Posted by guest | May 18, 2009 at 2:04 PM

    Calling someone a CRACKERCLOPS is reverse racism.

  4. Posted by guest | May 18, 2009 at 2:09 PM

    I have the entire liberal media establishment at my disposal…the same manipulation machine that got people to vote for Barack Obama…and donate all that money after rainstorm Katrina.

  5. Posted by merkin capital partners | May 18, 2009 at 2:10 PM

    Did this Barclay’s chick get the day off from school?

  6. Posted by guest | May 18, 2009 at 2:42 PM

    Merkin – no kidding! She needs to show her permission slip before appearing on TV again.

  7. Posted by Suits | May 18, 2009 at 3:45 PM

    Can we not have posts that tell Frank to “suck it”?

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