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Overnight Open Thread

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Walter L. Newton3/31/2009 8:16:20 am PDT

re: #829 itellu3times

It stinks. It’s horrible. And it’s overdue by about twenty years. Maybe it would have suppressed the salaries at Fannie and Freddie over that time, using government money to line their pockets.

I’d still like to jail some unknown but large number of financial execs.

Did you read the article? It’s about the government setting the salary of every employee of any company who accepts bailout money.

It’s not just about the executives. That’s fine with you? So, what happens next, any company that has government contracts, let’s set their salaries?

You’re ok with all that?