[Mr. Know It All]

the good management will leave for greener pastures and the company will need another infusion of tax-payer money.

Would that be the good management that drove these banks into bankruptcy? I wouldn't hire these bozos to clean my bathroom. If I were them, I'd take the pay cap because their other option is to sneak into Mexico and work at a factory.

[Pantera]

Would that be the good management that drove these banks into bankruptcy? I wouldn't hire these bozos to clean my bathroom. If I were them, I'd take the pay cap because their other option is to sneak into Mexico and work at a factory.

Fine, but the other argument holds true... they will not be able to attract the talent they need to fix the fricking mess. Government intervention on salaries cannot be a good thing.