President Barack Obama limits what executives at government-assisted financial firms can be paid.
"… going to examine the ways in which the means and matter of executivecompensation contributed. Too -- culture and it quarter by quarter mentality. That in turn helped to wreck havoc. In our financial system. We're …" at 2:49
President Barack Obama says there are ways to hold government-assisted financial institutions accountable.
"… And executivecompensation Paul Krugman just in the times on on the that your tough talk may be just for show what can you really …" at 0:02
"… that are taking taxpayer money. Are not using that money for -- executivecompensation. And and I think that when you when you receive announcement that we make people say this is a reasonable approach. It's …" at 0:30
Outrage is roiling after discovering that billions of taxpayer money was spent on Wall Street bonuses.
"… out -- and for financial stability that it will include. And address executivecompensation and -- senator Sheldon whitehouse wants a temporary oversight court. That would empower the government to restrain reckless. If something's going to …" at 1:09
They want a bailout, so the heads of Ford, General Motors and Chrysler say they'll do their part and work for almost nothing.
"… say on -- ailment called for non binding shareholder votes on executivecompensation. It didn't pass the Senate. What is president Obama could have all -- more influence on this issue that has been very …" at 2:08
Richard Fuld, the CEO of failed Lehman Bros., is questioned about his compensation in a House committee hearing.
"… any recommendations on fundamental reforms that would bring the new approach to executivecompensation. Because it seems that the system worked for you. But it didn't seem to work for. The rest of the country and …" at 4:07
Barack Obama and John McCain left the campaign trail Wednesday and returned to Washington to vote on the economic recovery bill. Meanwhile, new polls are showing big gains for Obama.
"… I urged conditions of taxpayers' protection stronger oversight. Limitations on executivecompensation. …" at 0:34
Watch Treasury Secretary Henry Paulson's opening statement to the Senate Banking Committee as he urges the panel to pass the $700 billion bailout plan.
"… It's an executivecompensation. I share your frustrations. I feel those frustrations. Practices. Throughout America also upset me. Let me just say that with regard to …" at 2:06