One proposal could impose greater requirements on company boards to tie executive compensation more closely to corporate performance and to take other steps to ensure that compensation was aligned with the financial interest of the company.
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://freeinternetpress.com/story.php?sid=20685
In other words no CEO will ever again take a risk, from a business sense, and will instead steer his company on the safe, risk free path of mediocrity. Ever wonder why European firms are never on the leading edge of financial or technological innovation? There's your answer.
The communists are winning with the help of a large percentage of the Republican Party.
Get those “rich” p****s!
Those who would support this power mongering are nothing but commie pigs!