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politico.com - 2/11/2009
Clawing back bonuses
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Currently roiling Wall Street types is an amendment to the stimulus bill that started drawing attention last night: A move that could effectively limit bonuses to $100,000, making the $500,000 executive compensation limit harder to evade and spreading its effects further into firms. The AP ...
google.com - 2/11/2009
The Associated Press: Stimulus bill seeks to recover Wall Street bonuses
— google.com — 1 day ago WASHINGTON (AP) Financial institutions that received federal bailout money and paid large executive bonuses... would be required to compensate taxpayers under the economic stimulus bill approved by the Senate. The $838 billion measure includes ... (more) The Associated Press: Stimulus bill seeks to recover ...

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Wonkette » top:  But How Will Our Nation’s Downtrodden Plutocrats Fare Under New Stimulus Bill?

TPM Election Central:  Are Executive Pay Caps Getting Sliced From the Stimulus?

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But How Will Our Nation’s Downtrodden Plutocrats Fare Under New Stimulus Bill?
Wonkette » top — ... so we can just conclude that this is a done deal. Feed the rich! In sum, it sounds like all those poor bastards who can’t get by on $500,000 a year won’t have to. All they will have to do is restructure their compensation packages so that they get all their old bonus money rolled into regular salaries, and settle for a wee $99,999 of walking around money at the end of the year. Stimulus bill seeks to recover Wall Street bonuses [AP via Ben Smith] Sherman: Dems Could Remove Executive Pay Caps From Final Version of ...

Are Executive Pay Caps Getting Sliced From the Stimulus?
TPM Election Central — ... Sen. Olympia Snowe (ME) isn't technically a conferee, but her status as one of the stimulus' three GOP centrist supporters means that she's been kept in the loop throughout the process. Snowe is also a chief sponsor of one of the more controversial executive pay measures that's on the chopping block -- Snowe's vote may not be contingent on keeping her proposal in the bill, however. ...

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