According to the WaPo, this little morsel:
The Obama administration is engineering its new bailout initiatives in a way that it believes will allow firms benefiting from the programs to avoid restrictions imposed by Congress, including limits on lavish executive pay, according to government officials. Administration officials have concluded that this approach is vital for persuading firms to participate in programs funded by the $700 billion financial rescue package.
Let me guess, it's the Treasury boys under Tim Geithner, right? Really, who would have thought!
Question: why force anyone to accept a bailout? If they don't like the terms, DON'T TAKE THE MONEY! There are a few people in some tent cities all over the country who won't mind a limit on their salary.
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