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In a reversal, the Bush administration has not used auctions for any of the $335 billion committed so far from the rescue package. Lawmakers and legal experts say the change has effectively repealed the only enforcement mechanism in the law dealing with lavish pay for top executives.

link: (http://www.chron.com/disp/story.mpl/busine...)
submitted by: Zer0H4x   Dec 15, 2008
category: News keywords: pay, salary, banks, bailout, bush
Discuss It!
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No news is good news. I wish our government would take a 10 year vacation.
posted by: cloakg     Dec 15, 2008
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What a crook. I hate our government more every day. Every single day.
posted by: RuckeR     Dec 15, 2008

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