Mama Bin Cranky

Screaming on the Inside

Pay Czar Executive Compensation Clawbacks

Posted by madjillmom on January 21, 2010

The Obama Pay Czar is coming around to trying to get compensation clawbacks from executives of large banks and possibly AIG. Will there be clawbacks required from the political appointees that have run Fanny and Freddie into the ground? Or GM and Chrysler? I won’t hold my breath.

Jobs report comes in bad. Obama announces new restrictions of large investment banks after trotting out a new tax on the banks last weekend. Thank goodness everything is going so well.

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