Administration Seeks Increase in Oversight of Executive Pay
"The new rules will cover all financial institutions, including those not now covered by any pay rules because they are not receiving federal bailout money. Officials say the rules could also be applied more broadly to publicly traded companies, which already report about some executive pay practices to the Securities and Exchange Commission."
http://www.nytimes.com/2009/03/22/us/politics/22regulate.html?_r=2&pagewanted=1
I love how people run to the NYT as a source when it suits them..
The salary regs are reffered to as a “could be” or a “possibility” throughout the article, in which the author fails to provide any basis of facts for his assumptions.