Barney Frank – The Banking Queen wants to put compensation restriction on more than just bailed out banks!
He’s coming! Barney Frank wants more. But the first question is: Where are the limits on Fannie and Freddie corruptocrats’ executive pay? Have those been passed yet? Are they equal to the limits on private executives’ pay? Aside from FM AND FM, Barney Frank seems to have quite a bit more in mind:
Congress will consider legislation to extend some of the curbs on executive pay that now apply only to those banks receiving federal assistance, House Financial Services Committee Chairman Barney Frank said.
“There’s deeply rooted anger on the part of the average American,” the Massachusetts Democrat said at a Washington news conference today.
He said the compensation restrictions would apply to all financial institutions and might be extended to include all U.S. companies.
Socialism USA!
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