I agree with the $500,000 cap on executive pay. These salaries are now essentially being paid by American taxpayers, who in many cases are seeing no direct benefit (i.e. loan, mortgage, or credit relief from banks). Let’s not forget…these executives are at companies that have performed so badly, that they are on the verge of bankruptcy. I say that if those executives who helped get not only their companies, but our nation, into this situation, can get a better paying job elsewhere -good riddance. Let’s give some new talent a chance. I’m willing to bet we can find very talented new executives willing to work for that half a million dollars a year.
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