The Obama administration is poised to announce a new set of regulations on executive compensation. They are also nominating a so-called Pay Czar to monitor executive compensation. Louise Story, reporter for The New York Times, joins The Takeaway.
Executive pay has been a big issue here in the US, as the government sinks taxpayer dollars in to the financial sector. In Europe countries have varied attitudes and policies about how much industry leaders earn.
CEO compensation has emerged as an issue as Washington debates a rescue plan for Wall Street. Marco Werman speaks with Professor Brian Cheffins of Cambridge University about whether executive “fat cats” are a big issue in countries outside the US.
