According to the Wall Street Journal, “The French government, trying to quell public anger over executive pay, banned companies that get state funding from issuing stock options to top managers and limited some other forms of compensation.”
Let’s hope it doesn’t get to that in the US, but with the reception the Obama’s are getting on the current stop in Europe, I’m sure it’s not out of the realm of possibility.
The bottom line is, that private companies should be left to run privately. They shouldn’t get bailed out with taxpayer dollars, and they shouldn’t have to answer to the government for their daily operational activities, such as paying their executives.
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