New Rules on Executive Compensation

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The financial crisis was front and center today with the announcement of plans to tighten restrictions on compensation for executives of banks and other companies getting federal bail-out money. President Obama dismissed such rewards in the midst of the current economic crisis as “bad taste” and “bad strategy” that he would not tolerate. David Cho covers the Treasury Department and the financial crisis for the Washington Post.

Credits

Guest:
David Cho - Staff Writer, Washington Post

Host:
Warren Olney

Producers:
Andrea Brody, Sonya Geis, Christian Bordal