The TARPII $500,000 "salary cap"
Feb. 10th, 2009 04:35 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
Jim Jubak writes that Obama's $500,000 cap on executive pay for corporations taking federal TARP money sounds good, but upon close examination of the actual terms, finds is it'll be fairly easy to for executives to circumnavigate around and still get huge bonuses while taking taxpayer bailouts.