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The CEO of Netflix, the wildly successful Internet company that rents DVDs via the mail, says President Obama is off the mark in trying to cap executive compensation. In an op-ed in The New York Times today, Reed Hastings writes that the government should take in taxes half of the huge paychecks that CEOs of [...]

Is the sky falling? Are pigs flying? Apparently Wall Street executives have become sensitive to the fact that while people are losing their jobs and their homes, financial industry executives are getting set to reap big year-end bonuses, courtesy of the American taxpayer.
They’re actually thinking of curbing some of those rewards, The Wall Street Journal [...]