Obama caps salaries of CEOs from taxpayer-funded companies

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Think of it this way: without the government intervention their salaries would be precisely zero. I doubt any bank CEO will be able to find any job higher than Wal Mart greeter. Okay, maybe they can make speeches and write books.

Better to make half a million trying to salvage a crashing bank than to make $20K welcoming people to Wal Mart, right?

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How about a compromise: the CEOs will be paid bonuses in stock options which expire in 5 years. Or maybe getting paid in Mortgage Backed Securities.

If they succeed in turning around their companies, they win big.

If they fail, their bonuses are worthless.

Either way, the taxpayer does not pay anything.