Big paychecks for top executives are ...

Big paychecks for top executives are a little smaller

There are 1 comment on the Orlando Sentinel story from Mar 31, 2009, titled Big paychecks for top executives are a little smaller. In it, Orlando Sentinel reports that:

Some of Orlando's highest-paid executives at publicly traded companies or their affiliates felt the squeeze of a contracting economy last year, as their pay shrank along with stock prices and quarterly profits.

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Since: Jul 07

Orlando

#1 Apr 1, 2009
Private industry can pay whatever they want to their executives but when they come begging for taxpayer money expect these payments to be heavily scrutinized.
If the government has an ownership stake in a company they have every right to demand concessions. In effect, the government is the new "boss". Perhaps this will discourage private industry to come begging for taxpayer money in the future. One can only hope.

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