Tuesday, March 31, 2009

Barney Frank Writes A Bill to let Government Set Your Salary

The House Financial Services Committee, led by Barney Frank, has approved a measure that would, in some key ways, go beyond the most draconian features of the original AIG bill. The new legislation, the "Pay for Performance Act of 2009," would impose government controls on the pay of all employees -- not just top executives -- of companies.

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