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      10-23-2009, 04:59 PM   #23

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First...the feds controlled what physicians made...in 1964 with the origins of medicare...they finally got around to others...soon it will be everyone (except themselves)
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      10-24-2009, 01:10 PM   #24

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From WSJ (October 22):

"Treasury orders average cut of 50% for 175 Top Earners; Cash Salary Cap is $500,000."

OH NO!! How will those 175 people ever survive on only $500,000 a year?!

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      10-24-2009, 01:44 PM   #25

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Originally Posted by jaiman View Post
So you think a top executive at AIG getting 200k is business as usual?
That's just it, I don't believe they'll only be making 200k a year. These guys are extremely motivated, extremely resourceful and quite simply better at this than the ones trying to restrict them.

They'll need to be careful to do it in a way that avoids bad PR but I believe they'll continue to be paid well for their work.
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      10-24-2009, 03:07 PM   #26
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so if we cap the top people that made say 2 million to 500,000. then what about those that made 750,000, they get cut to 400,000? and those that made 400,000 cut to 200,000. why run the corporation and take risk if the mid managers below you make the same money?
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