So this would apply to bailed out banks? So who cares, pay the money back if you don’t like it...it seems to me pay for performance should be the norm at all companies enforced by folks at the company that want the company to be successful. If the Wall street bankers would bring compensation in line with performance, the stockholders would fare better and government would not be involved. Wall Street, heal thyself because if the government steps in, you won’t like it.
No, it would not just apply to bailed out banks. Read it again. It would apply to any business with a federal Gov’t investment. Of course, federal capital investment is not defined.
As another poster saide: “Federal capital investment- how broadly defined? any hospital, university, school, state, county or city that takes government funds? Any aerospace, construction, consulting, you name it firm, that has a government contract?”