"Obama will call for increased oversight of 'executive pay at all banks, Wall Street firms and possibly other companies' as part of sweeping plan to 'overhaul financial regulation', NY TIMES reporting Sunday, newsroom sources tell DRUDGE... Developing... "
That sound you're hearing is the sound of thousands of brilliant future Wall Street executives frantically changing their majors.
Smart move Barry.
I mean seriously... we're all getting punk'd right? Any minute now he's going to call a press conference to say "just kidding"... right?
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If you work for the government, then they can set a limit on what you make. But the whole point of the private sector is that you take a risk and thus reap big rewards if you succeed. Who wants to work in a private company where the government sets a limit on what you can earn? That's just dumb. How many American businesses will be relocating overseas now?
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