Just how tough are the Obama administration’s new executive compensation limits for bailed out firms? Well, as a hint, Wall Street sees them as no threat at all. Indeed, The Washington Post today gets a few telling quotes from bankers who are giddy that these are the only More…
Congressional Democrats may be pushing for some concessions from the finance industry in return for the billions they’re receiving in taxpayer bailouts, but President George W. Bush has other ideas. From today’s Washington Post:
They came together quickly in February to pass a short-term stimulus bill. They united again this month around a plan to bail out Wall Street. But as Democrats and Republicans begin deliberations over long-term reforms for the financial-services industry, both sides seem to be prepping for what will likely be More…
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