Timothy Geithner may have, uh, misfiled his taxes, but he hits the bullseye here:
“Excessive executive compensation that provides inappropriate incentives,” Mr. Geithner said, “has played a role in exacerbating the financial crisis.”CEOs with captive compensation committees have been ripping off their shareholders. Legally.
If they did it with guns, everyone - not just us liberals - would be outraged. Why is it that conservatives forgot that their best trait was the ability to watch the money?
