Sunday, September 28, 2008

Congress Shows its True Stripes?

There's apparently a deal afoot on the Wall Street bailout. Details are still a little fuzzy, but after reading this article several times I still see no mention of limiting executive pay. That was to have been the holy grail of this deal - keeping the very miscreants who created this mess from benefiting financially. And the Democrats seem to have sold us out on that.

UPDATE: 7:05 PM PST:
Details are still sketchy, but it appears that Congress included some limits on executive bonuses. Let's hope it's true...but I'm skeptical until I see the details.

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