Which Way, L.A.?
Profits of Doom: Breaking Wall Street's Addiction to Greed
President Obama says free enterprise should reward hard work, but that "it does offend our values" when executives get huge bonuses, at the same time their companies are getting taxpayer bailouts to stay alive. So his so-called "pay czar" has cracked down on executive compensation at AIG, General Motors and five other companies.
By Warren Olney • • 1 min readPresident Obama says free enterprise should reward hard work, but that "it does offend our values" when executives get huge bonuses, at the same time their companies are getting taxpayer bailouts to stay alive. So his so-called "pay czar" has cracked down on executive compensation at AIG, General Motors and five other companies.
