In Washington, politicians are making hay with the public’s perception that greedy CEOs and executives were asleep at the switch as their companies circled the drain.
So far, the only concrete action taken has been the limit placed on executive compensation at financial institutions that receive Federal bailout money under the TARP program. But, that doesn’t mean that more noise isn’t being made in more quarters than ever before.
The problem, of course, is perception. … Read the rest