Banco Popular de Puerto Rico

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...

The "foreigners" are in worse shape than we are hence I doubt they could steal ALL of the top "talent". Also, not all foreign institutions ascribe to short term incentive based compensation arrangements like we foolishly have....take Japan for instance...their executive pay is a multiple...

Putting in temporary measures due to the unique economic situation is appropriate. However, once things improve, compensation should go back to market driven forces. Keeping the cap in place will drive talent elsewhere. Capping all executive compensation will most certainly dummy down our executive leadership...

I agree with the pay cap. If the current executives (that have run these companies into the ground) are the cream of the crop, we're all in big trouble. Surely there are CEO's with integrity still to be found - that understand you must operate with a "profit" before paying such salaries and bonuses....

I agree with the pay caps for those companies being bailed out. I don't think our best talent is running the companies that need a bail out.

Mr. Rayner's concern that the U.S. financial industry will experience a brain drain as a result of a temporary $500k annual salary cap on certain executives of companies which, if not for an influx of taxpayer backed capital would be unemployed due to their institution's bankruptcy, is misplaced at best....

"level the playing field", where are you from? Russia? One of the things that makes America great is that hardwork and achievement is rewarded. Who are you, me, or anyone else to say how much money someone can make or how many houses, cars, etc someone is allowed to have? Class warfare and wealth...

Because these institutions needed to be bailed out, how much talent can these execs have, anyway? I'm all for them walking a mile in my shoes!!!!

Their talents can't be that great if they got their company is this financial situation, can it??

I also agree that it seems logical to place a cap on the businesses that receive financial aid, but why not make the cap relative to the amount of bail-out received, i.e. a percentage somehow relative to the amount of bail-out received versus company assets. The more money received the lower the salary...