"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]






Posted by guest , May 18, 2009 1:48PM
I stopped reading after "I don't think..."
Posted by Anal_yst , May 18, 2009 1:51PM
@1 hahaha
Also, in practice, wtf is the difference between Fwankth's "Caps" and Safecracker's "Constraints"?
You say tomato...
Posted by guest , May 18, 2009 2:04PM
Calling someone a CRACKERCLOPS is reverse racism.
Posted by guest , May 18, 2009 2:09PM
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.
Posted by merkin capital partners , May 18, 2009 2:10PM
Did this Barclay's chick get the day off from school?
Posted by guest , May 18, 2009 2:42PM
Merkin - no kidding! She needs to show her permission slip before appearing on TV again.
Posted by Suits , May 18, 2009 3:45PM
Can we not have posts that tell Frank to "suck it"?