CEO Salary Limit

[gagged_Louise]

It is only the companies which are part of the bailout that are under these restrictions. Now, if you want to take it as a more general case and try to argue that individual shareholders should do this, that would require an enormously expensive proxy battle which the shareholder(s) would have to pay out his/her own pocket while the board can use company funds. There was a motion to require that executive pay be voted on by the stockholders. Shockingly, that did not get passed.

To quote James Bond, "Shocking! positively shocking!" Believing that ordinary shareholders have the space to exercise real control (or that private customers can pitch for real influence by "voting with their wallets") over banks and big corporations is like thinking the son of a board member will be starting on the office floor and working his way up with just his two hands and bright mind.