Wall Street salary caps breaking ground, making waves
Yesterday President Obama announced that companies receiving federal bailout money must cap their executives no more than $500,000 a year. Is a pay limit helping the economy? Or is it simply a PR move? Compensation experts Nell Minow, editor and co-founder of The Corporate Library, and Charles Elson, director of the Weinberg Center for Corporate Governance at the University of Delaware, join Adaora and John to debate the merits of the measure.
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