We all know that the government has given our tax dollars to these multi-million dollar banks and what not so that they do not go under. First - I have a huge problem with that (but I understand that by us giving them the money it is saving a lot of the "little people" a job). Second - I applaud Obama for forcing these bank presidents to take a pay cap. I mean why on earth should my tax dollars to go a bank president so he can make over a million dollars a year when I am barley making $30,000 a year.
I just don't get what the issue it? Why should my tax dollars pay a bank president a million dollars when his/her company is close to closing down? That bank president should be the last one to be paid. That is the way small business works you pay everyone else before you the owner gets paid.