To talk about criticism of outlandish executive pay and Secretary Geithner's new ?pay czar' position, The Takeaway is joined by Nell Minow, co-founder of a think-tank that studies executive pay, and Peter Morici of the Smith School of Business.
Yesterday President Obama announced that companies receiving federal bailout money must cap their executives no more than $500,000 a year. Is a pay limit helping the economy? Or is it simply a PR move?
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