Banks could still find wiggle room in pay caps (AP)

Posted by admin on February 6, 2009 under News | Be the First to Comment

Banks could still find wiggle room in pay caps (AP)

President Barack Obama smiles as Treasury Secretary Tim Geithner speaks about executive compensation, Wednesday, Feb. 4, 2009, in the Grand Foyer of the White House in Washington. (AP Photo/Charles Dharapak)AP – The squeeze on big paydays for executives of bailed-out banks will probably leave Wall Street plenty of wiggle room. Consultants on executive pay say the caps imposed by President Barack Obama on Wednesday will probably apply only to a few executives

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